real estate news
WestBridge Capital to Sell 16.5% Stake in Aptus Value Housing for ₹2,600 Crore
Private equity firm WestBridge Capital is set to offload a 16.46% stake in Aptus Value Housing Finance India through a block deal worth ₹2,600 crore. The shares will be offered at a floor price of ₹316, representing a 5% discount to the stock’s last closing price.
real estate news
Welspun One's Promoter Stake Sale Attracts Multiple Bidders: PAG, Kotak, and Others in the Race
Welspun One, a leading real estate company, has entered the crucial phase of selling its promoter stake, with prominent players like PAG, Kotak, and others showing keen interest.
Real Estate
Brookfield Corp Offloads 5.13% Stake in BIRET for Rs 883 Crore
Brookfield Corp has successfully divested a 5.13% stake in Brookfield India Real Estate Trust (BIRET) for Rs 883 crore through open market transactions, marking a significant transaction in the real estate investment sector.
Real Estate
Top 10 Companies Witness Largest Stake Sales in December Quarter
Brookfield India Real Estate Trust and several other prominent companies saw a significant decline in promoter holdings during the December quarter. The promoter stake in Brookfield India Real Estate Trust, for instance, dropped from 40.2% to a notable lo
real estate news
Top 10 Companies with Major Stake Sales in Q4 2023
Explore the top 10 companies that witnessed significant stake sales in the December quarter, including Brookfield India Real Estate Trust, and understand the implications of these moves.
Real Estate
Emaar Properties Considering Stake Sale in Indian Subsidiary, Adani Group Interested
In a strategic move to optimize its portfolio, Emaar Properties is reportedly in talks with several firms, including the Adani Group, to sell a stake in its Indian arm. The Adani Group, known for its presence in Mumbai and Western India, is keen on expand
Real Estate Mumbai
Emaar Properties Considering Stake Sale to Indian Real Estate Groups
Emaar Properties, a leading real estate developer, is reportedly in talks with several Indian real estate groups to potentially sell a stake in its local business. The discussions come amid media reports suggesting that Adani Realty, among others, could b
real estate news
Adani Enterprises Soars 7% Following Stake Sale in Adani Wilmar
Adani Enterprises Ltd. (AEL) has witnessed a significant 7% surge in its stock price after announcing the sale of its stake in Adani Wilmar Ltd. This strategic move is part of the company's broader plan to navigate market volatility and public shareholdin
real estate news
Adani Enterprises Soars 7% Following Stake Sale in Adani Wilmar
Adani Enterprises Ltd. (AEL) has witnessed a significant 7% surge in its stock price after announcing the sale of its stake in Adani Wilmar Ltd. This strategic move is part of the company's broader plan to navigate market volatility and public shareholdin
real estate news
Shriram Finance Sells Housing Finance Stake for Rs 3929 Crore
Shriram Finance has made a significant move by selling its entire stake in its housing finance arm, raising Rs 3929 crore. This sale is part of the company's strategy to focus on its core business areas and improve its financial health. ETMarkets brings y
Real Estate Mumbai
Star Cement Promoters Deny Stake Sale Talks with Adani Group
Star Cement, a leading cement manufacturer in the northeastern region, has denied reports of stake sale talks with the Adani Group. The company currently operates an integrated cement plant in Meghalaya and two grinding units in Guwahati and Siliguri, wit
real estate news
Quality Investment Holdings Poised to Sell 9.43% Stake in PNB Housing Finance
Shares of PNB Housing Finance Ltd saw a positive movement, closing at ₹987.40, marking an increase of ₹21.40 or 2.22% on the BSE.
Real Estate
Adani Realty Eyes Stake in Emaar India: A Strategic Move to Expand Presence in Indian Real Estate Market
Adani Realty, led by business tycoon Gautam Adani, is in talks to acquire a stake in Emaar India, a leading player in the country's commercial and residential real estate market.
real estate news
Adani Realty Eyes Stake in Emaar India: A Strategic Move in Indian Real Estate Market
Gurgaon-headquartered Emaar India is a leading player in the country's commercial and residential real estate market. Adani Realty is in talks to pick up a stake in the company.
real estate news
Carlyle's Stake Sale in PNB Housing: A Strategic Move
Private equity firm Carlyle is set to sell its stake in PNB Housing, reflecting broader trends in the market where firms reassess their portfolios and exit investments to realise gains.