MoneyWorks4Me

Hubtown acquires stake in Sanas Developers

14 Mar 2019 Evaluate

Hubtown has been allotted 5,100 equity shares of the face value of Rs 10 per share by Sanas Developers on March 13, 2019. Consequent to the aforesaid allotment, Sanas Developers has now become a subsidiary of the company with effect from March 13, 2019.

Hubtown engaged in the development, sale, and lease of commercial, residential, retail, and industrial properties. The company's project portfolio primarily comprises residential projects, commercial projects, special economic zones, SRAs, IT parks, biotech parks, robotic car parks, retail parks, and textile parks.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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