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WSPPL ceases to be subsidiary of Godrej Properties

28 Jun 2013 Evaluate

Wonder Space Properties (WSPPL) has ceased to be a subsidiary of Godrej Properties (GPL) post transfer of equity shares by the company. GPL along with its subsidiary WSPPL has entered into an agreement with Shubh Properties Co-operative U.A, and others, to transfer 74.9% of the equity share capital held by the company in WSPPL for its project at Okhla Industrial Area, Phase-1, New Delhi.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

Peers
Company Name CMP
Godrej Industries 1039.10
SRF 2455.00
BASF India 3404.85
Pidilite Inds. 1485.00
Tata Chemicals 616.95
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