MoneyWorks4Me

Godrej Properties picks balance stake in Happy Highrises

30 Apr 2016 Evaluate

Godrej Properties has purchased 99,528 Equity Shares of Rs. 10/- each of Happy Highrises, a subsidiary of the Company, from Karelides Traders. Consequently, Happy Highrises has become a Wholly Owned Subsidiary of the Company.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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