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MoneyWorks4Me

D B Realty acquires additional stake in Spacecon Realty

12 Oct 2022 Evaluate

D B Realty has acquired entire equity shares of Spacecon Realty (Spacecon), a subsidiary company in which the company/ its nominee already hold 74% stake. Post- acquisition of the shares by the company, Spacecon shall be a wholly owned subsidiary of the 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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