MoneyWorks4Me

Sobha’s arm acquires entire stake in Annalakshmi Land Developers

20 Jan 2021 Evaluate

Sobha’s wholly owned subsidiary -- Sabha Highrise Ventures has acquired 100% equity shares in Annalakshmi Land Developers. With the acquisition of the said shares, Annalakshmi Land Developers has become Wholly Owned Subsidiary of Sabha Highrise Ventures.

Sobha is one of the fastest growing and foremost backward integrated real estate players in the country. It primarily focuses on residential and contractual projects.

Peers
Company Name CMP
Lodha Developers 1157.00
Prestige EstatesProj 1471.10
Dilip Buildcon 411.95
DLF 674.15
Oberoi Realty 1848.05
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