Peninsula Land has acquired additional 21% equity shares of Pavurotti Real Estate, one of the subsidiaries of the Company and upon the said acquisition the company now holds 77% of the equity shares of Pavurotti Real Estate. The cost of acquisition is Rs 6.30 lakhs. The main objective of this acquisition is to enhance interest in Real Estate Project 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.
