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Simplex Realty to divest stake in Simplex Modern Homes

25 Jul 2025 Evaluate

Simplex Realty has entered into Shareholders Agreement (SHA) on July 25, 2025, with Modern India and Simplex Modern Homes for the purpose of disinvesting/ sale of Equity Shares and proposed subscription/investment/acquisition of Preference Shares of Simplex Modern Homes. Pursuant to this transaction, Simplex Modern Homes, will cease to be a wholly owned subsidiary and will be the subsidiary of Simplex Realty (the Company). 

Simplex Realty is engaged in the business of construction and property development.   


Peers
Company Name CMP
Lodha Developers 1223.50
Prestige EstatesProj 1646.10
Dilip Buildcon 409.00
DLF 755.60
Oberoi Realty 1797.00
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