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Nimbus Projects to sell Preference Shares in Capital Infraprojects to Integra Essentia, Just Right Life

29 Dec 2022 Evaluate

Nimbus Projects has entered into agreement for the sale of 1,12,50,000 Zero Percent Non-Convertible Redeemable Preference Shares of its Associate Company -- Capital Infraprojects to Integra Essentia and Just Right Life. The total consideration is received from Integra Essentia and Just Right Life is Rs 12.00 crore and  Rs 3.00 crore respectively. The Amount to be received from buyer within 30 days of the execution of the agreement.

Nimbus Projects is engaged in real estate business and providing real estate consultancy to its various clients.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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