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Puravankara gets nod to acquire Devas Global Services LLP

26 Jul 2018 Evaluate

Puravankara has received approval for acquisition of Devas Global Services LLP and to make it a wholly owned subsidiary of the company. The objective of the acquisition is to consolidate the real estate assets and liabilities. The cost of acquisition at which the shares are acquired is Rs 9,99,900.

The Board of Directors of the company at their meeting held on June 25, 2018, approved the same.

Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.


Puravankara Share Price

225.55 0.15 (0.07%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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