Prestige Falcon acquires 50% stake in Lokhandwala DB Realty
Sunday - January 19, 2020 6:55 pm ,
Category : BUSINESS
Mumbai, Jan 19 (IANS) Bengaluru-based realty firm Prestige Estate Projects on Sunday said that its subsidiary, Prestige Falcon Realty Ventures has acquired a 50 per cent stake in Lokhandwala DB Realty."Prestige Falcon Realty Ventures Private Limited, a wholly-owned subsidiary of Prestige Estates Projects Limited, has invested in Lokhandwala DB Realty LLP by way of capital account contribution and admitted as a partner of the LLP with 50 per cent economic and voting rights," the company said in a regulatory filing.On Friday, Prestige Falcon Realty closed at Rs 374.45, down 0.85 per cent on the BSE.
--IANS ravi/adr/
--IANS ravi/adr/
