MoneyWorks4Me

Sobha’s arm disposes entire stake in Annalakshmi Land Developers

31 Dec 2021 Evaluate

Sobha’s wholly owned subsidiary -- Sobha Highrise Ventures has disposed off 100% equity shares in Annalakshmi Land Developers (Wholly Owned Subsidiary of Sobha Highrise Ventures). The consideration received from such disposal is around Rs 10.97 crore and the share transfer deed executed on December 30, 2021.  

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 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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