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Grovy India gets nod to amalgamate three companies with itself

15 Feb 2018 Evaluate

Grovy India’s board has approved the scheme of arrangement for amalgamation of Ankur Buildtech, Ganesh Contractors & Colonisers and Ganesh Promoters with itself and their respective Shareholders and Creditors. The board of directors of the company at its meeting held on February 15, 2018 has approved the same.

Grovy is engaged in the Business of Real estate and construction of world class residential spaces. Grovy has a vision to expand into the development of high use residential complexes, group housing societies, retail, commercial and hospitality space.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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