D B Realty has informed that subsidiaries of the Company have entered into a Share Purchase Agreement on 1st November, 2023 to sell their entire shareholding in equity shares & OCDs in Siddhivinayak Realties to Reliance Commercial Finance (RCFL) for Rs 376.18 Crores in order to settle part of the group liabilities given by RCFL to the Company, its subsidiary - Goregaon Hotel And Realty and its Associate - Bamboo Hotel & Global Centre (Delhi). The company has enclosed the details as required under Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements), 2015 read with SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
The above information is a part of company’s filings submitted to BSE.
