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Vipul enters into agreement to sell 50% stake in High Class Projects

23 Jun 2025 Evaluate

Vipul has entered into a definitive agreement on June 20, 2025 for the sale of 50% of its equity and preference shareholding in its wholly owned subsidiary, High Class Projects to Expertpro Realty. Upon completion of the transaction, High Class Projects will cease to be subsidiary of the Company and became an associate of the Company. The expected date of completion of sale/ disposal is July 31, 2025. Consideration received from such sale/ disposal is Rs 4.38 crore. 

Vipul is engaged in the business of real estate development and services.


Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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