SRS Real Infrastructure to divest its entire stake in Grand Realtech

SRS Real Infrastructure has decided to sell 100% shareholding of wholly owned subsidiary of the company, ‘Grand Realtech’ for a consideration of Rs 5 lakh. The board of directors at its meeting held on March 03, 2016 has approved for the same.

SRS Real Infrastructure is the flagship company of the SRS Group in the real estate sector. The company is the holding company of real estate business of the SRS Group and conducts activities on their own or through their subsidiaries.