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Kolte-Patil Developers Restructures Stakeholdings in Subsidiaries

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Kolte-Patil Developers Restructures Stakeholdings in Subsidiaries

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Kolte-Patil Developers Limited ( (IN:KOLTEPATIL) ) has provided an announcement.

Kolte-Patil Developers Limited announced the sale and transfer of its stakes in several entities, including a 100% equity stake in Kolte-Patil Realtors Estate Private Limited to Anisha Family Ventures LLP. Additionally, the company exited its 35% stake in Regenesis Project Management LLP and its 42.5% stake in Ayaan Vihan Land Development. These transactions, although not material to the company, are part of compliance with regulatory requirements.

More about Kolte-Patil Developers Limited

Kolte-Patil Developers Limited is a prominent real estate company based in India, primarily engaged in the development of residential, commercial, and retail properties. The company operates mainly in Pune, Mumbai, and Bangalore, focusing on delivering high-quality real estate projects.

Average Trading Volume: 18,309

Technical Sentiment Signal: Buy

Current Market Cap: 36.49B INR

See more insights into KOLTEPATIL stock on TipRanks’ Stock Analysis page.

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