MoneyWorks4Me

D B Realty gets nod for scheme of amalgamation

13 Feb 2014 Evaluate

D B Realty’s board of directors at its meeting held on February 11, 2014 has approved for the scheme of amalgamation of two of its subsidiaries viz. Gokuldham Real Estate Development Company, a company in which D B Realty holds 74.998% of the paid up capital and Real Gem Buildtech, a wholly owned subsidiary of the Company.

D B Realty is real estate Development Company that focuses on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment, in and around Mumbai.

Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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