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Peninsula Land to acquire 86% stake in Rockfirst Real Estate

28 Dec 2018 Evaluate

Peninsula Land has entered into a Securities Purchase Agreement to acquire 86% of the Equity Shares of Rockfirst Real Estate thereby making it a wholly-owned subsidiary of the Company.

Further, the company has also, through its wholly-owned subsidiary Peninsula Holding and Investment (PHIPL) entered into Securities Purchase Agreements to acquire 86% Equity shares of Goodhome Realty and Truewin Realty thereby making them step-down wholly-owned subsidiaries of the company.

Peninsula Land is a holding company engaged in construction business. The company is engaged in the business of real estate development. Its segments include Realty, Renting and Others.


Peninsula Land Share Price

15.01 0.10 (0.67%)
15-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 920.65
Dilip Buildcon 431.50
Oberoi Realty 1668.85
DLF 613.05
Ahluwalia Contract(I 805.90
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