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Godrej Properties updates on subsidiaries

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Capital Market

Godrej Projects Development acquires 49% stake in Godrej Premium Builders

Godrej Properties announced that Godrej Projects Development (GPDPL), a wholly owned subsidiary of the Company has acquired 49% of the paid-up share capital and entire Debentures of Godrej Premium Builders (GPBPL), a subsidiary of the Company, from Madhavi SA Investments LLC and Madhavi Ventures (the Investors).

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First Published: Dec 29 2014 | 8:13 PM IST

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