Oberoi Realty (ORL) has divested its entire shareholding in a joint venture ‘Sangam City Township’ for Rs 3.6 crore. Sangam City Township is a joint venture (JV) of Oberoi Realty, where ORL held 31.67% stake (comprised in 9,500 equity share of Rs 10 each, fully paid up).
A Share Purchase Agreement dated October 26, 2023 (SPA), has been executed by ORL, pursuant to which ORL has divested its entire 31.67% shareholding in the JV.
Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include real estate and hospitality.
| Company Name | CMP |
|---|---|
| Lodha Developers | 858.40 |
| Dilip Buildcon | 452.35 |
| DLF | 599.00 |
| Oberoi Realty | 1700.35 |
| Ahluwalia Contract(I | 834.95 |
| View more.. | |
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