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MoneyWorks4Me

D B Realty acquires entire equity shares in DB Man Realty

10 Oct 2022 Evaluate

D B Realty has acquired entire equity shares of DB Man Realty (DB Man), a subsidiary company in which the Company/ its nominees already hold 91% stake. Post-acquisition of the shares by the Company, DB Man shall be a wholly owned subsidiary of the company. The objective of purchase is to make DB Man a wholly owned subsidiary company.

D B 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 1005.00
Prestige EstatesProj 1433.00
Dilip Buildcon 390.30
DLF 670.00
Oberoi Realty 1614.65
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