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D B Realty to sell entire stake in Royal Netra Constructions

25 Aug 2023 Evaluate

D B Realty has executed a share purchase agreement on August 24, 2023 to sell its entire 9,825 equity shares of Royal Netra Constructions (RNCPL) for a consideration of Rs 2,600 per equity share and thus the Company shall cease to hold any share in RNCPL. 

The company has executed a share purchase agreement with Man Infraconstruction (Purchaser 1) and Platinumcorp Constructions LLP (Purchaser 2). 

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.

Valor Estate Share Price

112.15 1.60 (1.45%)
12-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 899.95
Dilip Buildcon 430.25
Oberoi Realty 1622.95
DLF 587.15
Ahluwalia Contract(I 798.50
View more..

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