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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

1684.30 -9.20 (-0.54%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 918.75
Dilip Buildcon 439.60
Oberoi Realty 1684.30
DLF 624.30
Ahluwalia Contract(I 838.30
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