PP Devcon has become the subsidiary company of Omaxe. This is pursuant to acquisition of 7500 equity shares of Rs 10 each at a price of Rs 50 per shares of PP Devcon being the 75% of paid up capital.
Omaxe is one of India’s leading real estate development companies. Founded in 1987, the company has fast spread its footprints in 9 states across 30 cities.