Oberoi Realty divests entire shareholding held in joint venture

27 Oct 2023 Evaluate

Oberoi Realty (ORL) has divested its entire shareholding in a joint venture ‘Sangam City Township’ for Rs 3.6 crore. Sangam City Township is a joint venture (JV) of Oberoi Realty, where ORL held 31.67% stake (comprised in 9,500 equity share of Rs 10 each, fully paid up).

A Share Purchase Agreement dated October 26, 2023 (SPA), has been executed by ORL, pursuant to which ORL has divested its entire 31.67% shareholding in the JV.

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include real estate and hospitality.


Oberoi Realty Share Price

1580.60 -36.60 (-2.26%)
21-Feb-2025 16:59 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 439.70
Macrotech Developers 1215.60
NBCC (India) 81.13
Phoenix Mills 1588.80
Ahluwalia Contract(I 651.05
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.
Loading...
Hold on