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PLDPL becomes wholly owned subsidiary of Parsvnath Developers

04 Nov 2016 Evaluate

Parsvnath Developers, pursuant to a Securities Purchase Agreement, acquired 1,60,101 Class A Shares, 5,61,951 Class B Shares and 75,78,264 Fully Convertible Debentures of Parsvnath Landmark Developers (PLDPL), a subsidiary company and SPV implementing the project for development of a residential project at Khyber Pass, Civil Lines, Delhi from Sterling Pathway, Mauritius. Pursuant to this, PLDPL has become a wholly owned subsidiary of Parsvnath Developers.

Parsvnath Developers has diversified portfolio, which includes, integrated townships, group housing, commercial complexes, hotels, IT parks, among others.



Parsvnath Developers Share Price

9.02 -0.01 (-0.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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