Acquisitions30 Mar 2024, 07:17 pm
Puravankara Ltd Approves Acquisition of PPL Khondapur Developers Private Limited
AI Summary
The Board of Directors of Puravankara Ltd, in a meeting held on 30th March, 2024, approved the acquisition of 100% equity shares of PPL Khondapur Developers Private Limited, making it a direct wholly owned subsidiary. The acquisition is arelated party transaction and is done at arm's length as per regulatory requirements.
Key Highlights
- Board approves acquisition of PPL Khondapur Developers Private Limited
- Company to make Target a direct wholly owned subsidiary
- Transaction complies with SEBI regulations