Puravankara Projects divests its stake in KEPPEL MAGNUS Development
For a consideration of Rs 32.2 crore
Puravankara Projects announced that it has completed the divestment of equity shares in KEPPEL MAGNUS Development (KMD) at an aggregate post-adjustment sale consideration of Rs 88.8 crore, with the sale consideration attributable to the Purvankara sale shares amounting to Rs 32.2 crore. Consequently, the Company has ceased to have any interest in KMD and its project 'Elita Garden Vista' in Kolkata.Powered by Capital Market - Live News