The Company along with its subsidiary Godrej Projects Development Private Limited (GPDPL) has entered into an agreement with Shubh Properties Cooperatief U. A, and others, inter alia, to transfer 49% of the equity share capital held by GPDPL in its subsidiary Godrej Redevelopers (Mumbai) Private Limited for its project at Sahakar Nagar II, Chembur, Mumbai, Godrej Properties said in a release to the stock exchange late Monday.
The stock opened at Rs 506 and touched an intra-day high of Rs 512 so far. Over 2,500 shares were traded in early deals on both the stock exchanges.
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