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Ganesh Housing gets approval to sell stake in subsidiary company

18 Jun 2018 Evaluate

Ganesh Housing Corporation has received approval to sell, transfer or dispose of 10,000 Equity Shares held by the company in its Wholly-owned Subsidiary Company namely Maheshwari (Thaltej) Complex. The total consideration to be received from the sale or disposal of the Share is around Rs 46.73 crore.

The board of directors at their meeting held on June 18, 2018, approved 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 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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