Macrotech Developers Limited (NSEI:LODHA) entered into an agreement to acquire 50% stake in Siddhivinayak Realties Private Limited from Oberoi Constructions Limited for INR 2.5 billion on March 28, 2024. Siddhivinayak Realties reported revenue of INR 0 and net worth of INR 838,871,797 as at March 31, 2023. The transaction is expected to close within a week.
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- Macrotech Developers Limited entered into an agreement to acquire 50% stake in Siddhivinayak Realties Private Limited from Oberoi Constructions Limited for INR 2.5 billion.