Parsvnath Developers has acquired 10,000 equity shares of Rs 10 each at par of Farhad Realtors (FRPL), an associate company, from the existing shareholders of FRPL, consequent upon which FRPL has become wholly owned subsidiary of the company.
Parsvnath Developers has diversified portfolio, which includes, integrated townships, group housing, commercial complexes, hotels, IT parks, among others.