MoneyWorks4Me

PHDPL becomes wholly owned subsidiary of Parsvnath Developers

12 Jul 2013 Evaluate

Parsvnath Hessa Developers (PHDPL) has become a wholly owned subsidiary of Parsvnath Developers, through acquisition of shares from Anuradha SA Investments LLC, Mauritius and Anuradha Ventures, Cyprus, held by them in PHDPL. Accordingly, the total number of subsidiary companies of the company has increased to 16.

Parsvnath Developers is one of India’s leading real estate developers. The company has emerged as one of the most progressive and multi-faceted real estate and construction entities in the country.

Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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