Godrej Properties acquires 49% stake in Godrej Skyline Developers

Godrej Properties Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 533150 | NSE: GODREJPROP

29 Sep 2023 Evaluate

Godrej Properties has acquired 49% equity shares of Godrej Skyline Developers (GSDPL) from the existing shareholder. Pursuant to the said acquisition, the company together with its wholly-owned subsidiary viz Godrej Projects Development (GPDL), holds 93% of the equity share capital of GSDPL. Cost of acquisition is Rs 37.64 crore.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.

Peers

Company Name	CMP
Lodha Developers	1085.80
Prestige EstatesProj	1427.85
Dilip Buildcon	405.85
DLF	623.00
Oberoi Realty	1710.20
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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