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 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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