D B REALTY LTD - Press Release / Media Release

D B Realty Ltd - Press Release / Media Release

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18 Oct 2017
DB Realty Limited to Increase its stake in DB (BKC) Realtors Pvt. Ltd. (Project DB Tower at BKC area, Mumbai <BR> <BR> <BR> DB Realty Ltd. proposes to acquire 265707 (i.e 18.35% to total share capital) nos. of Compulsory Convertible Preference Shares (CCPS) of DB (BKC) Realtors Pvt. Ltd. (DB BKC) from Trinity Capital (Ten) Ltd. Mauritius (Seller) on the terms and Conditions agreed in the Share Purchase Agreement dated October 17, 2017<BR> <BR> Further post acquisition of aforesaid CCPS by the Company, DB BKC will become a subsidiary company of the company in terms with the provisions of Sec 2(87) of the Companies Act. 2013
View all announcements for D B Realty Ltd	Source: BSE India

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