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Crest Ventures enters into SPA with Phoenix Mills

06 Sep 2017 Evaluate

Crest Ventures has entered into a Share Purchase Agreement (SPA) with Phoenix Mills for sale of 12,50,000 Equity Shares held by it in Vamona Developers (VMPL) at a total consideration of Rs 47.49 crore. The aforementioned shares equate to 5% stake in VMPL.

Crest Ventures was incorporated to carry on the business of leasing, hire-purchase and investment in securities. It focuses on acquiring and investing in financial assets and real estate.ac

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