Corporate News 26-Jun-18
Kolte Patil Developers to acquire balance stake in Kolte Patil Real Estate
From K2A Residential
Kolte Patil Developers announced that it will provide an exit to K2A Residential acting through it investment manager IL&FS Investment Advisors LLC (IL&FS) who is holding 49% equity shares in its subsidiary, Kolte Patil Real Estate. The exit will be provided for a total consideration of Rs 57.5 crore, which shall be serviced largely through the internal accruals of the project. Pursuant to the exit of K2A Residential, KPRE will become a wholly owned subsidiary of Kolte Patil Developers.
Previous News
Kolte Patil Developers reports consolidated net loss of Rs 25.31 crore in the September 2023 quarter
( Results - Announcements 06-Nov-23 17:40 )
Kolte Patil Developers reports consolidated net loss of Rs 62.89 crore in the December 2023 quarter
( Results - Announcements 24-Jan-24 14:21 )
Kolte Patil Developers consolidated net profit rises 335.87% in the March 2023 quarter
( Results - Announcements 25-May-23 14:41 )
Kolte Patil Developers consolidated net profit rises 116.49% in the June 2023 quarter
( Results - Announcements 04-Aug-23 16:09 )
Kolte-Patil Developers jumps as board to mull fund raising on Feb 27
( Hot Pursuit - 23-Feb-23 11:13 )
Kolte Patil Developers receives credit ratings for bank loan facilities
( Corporate News - 21-May-21 20:21 )
Kolte Patil Developers Ltd leads gainers in 'A' group
( Hot Pursuit - 25-Aug-22 12:00 )
Kolte Patil Developers consolidated net profit declines 1.16% in the March 2019 quarter
( Results - Announcements 31-May-19 14:02 )
Kolte Patil Developers to conduct board meeting
( Corporate News - 31-Oct-20 17:04 )
Everest Kanto Cylinder Ltd leads gainers in 'A' group
( Hot Pursuit - 10-Apr-23 12:00 )
Kolte Patil Developers reports consolidated net profit of Rs 22.47 crore in the December 2020 quarter
( Results - Announcements 05-Feb-21 14:59 )
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