MoneyWorks4Me

Godrej Properties gets nod to sell entire stake in Godrej Investment

05 May 2017 Evaluate

Godrej Properties has received its board’s approval to sell its entire stake in Godrej Investment Advisers, a wholly owned Subsidiary of the company. The company’s board gave approval for the same at its meeting held on May 4, 2017.

Godrej Properties is a subsidiary of Godrej Industries and has been instrumental in the construction of Residential, commercial and township projects across 12 major cities in India.

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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