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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

106.36 -0.81 (-0.76%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 855.85
Dilip Buildcon 450.15
DLF 595.85
Oberoi Realty 1695.70
Ahluwalia Contract(I 833.35
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