Puravankara completes transaction of sale of shares in Vagishwari Land Developers

Puravankara Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 532891 | NSE: PURVA

11 Jun 2021 Evaluate

Puravankara has successfully completed the transaction of sale of shares of its 100% subsidiary- Vagishwari Land Developers and received a sum of around Rs 150 crore from the purchasers of shares namely GBTC II (Asset A) PTE and Godrej Projects Development.

Further, the company has also received the outstanding amount of around Rs 350 crore from Vagishwari Land Developers.

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

Peers

Company Name	CMP
Lodha Developers	1102.65
Prestige EstatesProj	1447.50
Dilip Buildcon	408.00
DLF	642.00
Oberoi Realty	1738.95
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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