Puravankara Merger & Restructuring Worth ₹0.01 Cr
Puravankara Limited has incorporated a wholly-owned subsidiary, Burgundyprime Realty Private Limited, by subscribing to 9,999 equity shares for Rs. 0.01 Crore.
- Value
- ₹0.01 Cr
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Puravankara Limited has incorporated a wholly-owned subsidiary, Burgundyprime Realty Private Limited, by subscribing to 9,999 equity shares for Rs. 0.01 Crore.
Puravankara Limited completed the sale of its 100% stake in subsidiary Purva Ruby Properties Private Limited to Prishal Office Parks III Private Limited for ₹145 Crore.
Puravankara's subsidiary acquired a 13.44-acre Greater Noida parcel, entering Delhi-NCR. Saleable potential is 4.57 million sq ft with estimated Rs 5,200 crore GDV.
Puravankara Limited provided an update on its previously announced divestment. The transaction closure is now expected within the next 30 days.
Puravankara Ltd is divesting its subsidiary, Purva Ruby Properties Private Limited, for an estimated consideration of ₹145 Crore. The transaction closure is expected within 30 days.