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Oberoi Realty divests entire shareholding held in joint venture

27 Oct 2023 Evaluate

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.


Oberoi Realty Share Price

1924.90 51.10 (2.73%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 1221.15
Dilip Buildcon 425.80
Sobha 1510.05
Oberoi Realty 1924.90
DLF 685.70
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