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Ganesh Housing to sell 51% stake in Shaily Infrastructure

29 Jan 2018 Evaluate

Ganesh Housing Corporation has decided to make disinvestment of its stake in its subsidiary - Shaily Infrastructure by selling and transferring 5,100 (51%) equity shares of Rs 10 each and consequently Shaily Infrastructure ceases to be subsidiary of the company. The board of directors at its meeting held on January 25, 2018 has approved for the same.

Ganesh Housing Corporation is engaged in the construction and real estate development activities. The company is engaged in construction of residential and commercial complexes, real estate development and infrastructure development business.


Peers
Company Name CMP
Lodha Developers 1155.00
Prestige EstatesProj 1477.95
Dilip Buildcon 412.15
DLF 670.70
Oberoi Realty 1836.05
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