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DB Realty seeks shareholders’ approval to raise Rs 563 crore

12 Jan 2022 Evaluate

DB Realty has sought shareholders’ approval for its proposal to raise Rs 563 crore by issuing warrants to promoters and investors. An extraordinary general meeting (EGM) has been called on February 2 to consider this proposal.

DB Realty is a real estate development company that focuses on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment, in and around Mumbai.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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