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Eldeco Housing & Industries transfers 66.67% stake of subsidiary company

24 Sep 2022 Evaluate

Eldeco Housing & Industries has transferred 6,667 equity shares i.e. 66.67% of the total equity capital of its subsidiary namely Villa Constructions to Eldeco Infrastructure and Properties, on September 22, 2022. With this, Villa Constructions ceases to be a subsidiary of the Company.

Eldeco Housing & Industries has a presence in all the major real estate classes - multi-storey group housing, residential townships, shopping malls, industrial parks, SEZs, office buildings and hotels.

Peers
Company Name CMP
Lodha Developers 1157.05
Prestige EstatesProj 1470.00
Dilip Buildcon 411.40
DLF 671.90
Oberoi Realty 1848.50
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