IDBI Trusteeship Services offloads 2.30% stake in Parsvnath Developers

26 Jun 2012

IDBI Trusteeship Services has offloaded 2.30% stake in realty firm Parsvnath Developers bringing its holding to 13.36% in the company from earlier holding of 15.66%. IDBI Trusteeship Services has offloaded one crore shares of the realty firm in the open market.

Post this transaction, IDBI Trusteeship Services holds 5.81 crore shares as against 6.81 crore shares earlier.

Parsvnath Developers is one of India’s leading real estate developers. The company has emerged as one of the most progressive and multi-faceted real estate and construction entities in the country.

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