Godrej Properties increases its stake in Wonder City Buildcon and Godrej Home Constructions

NEW DELHI: Godrej Properties has increased its stake in equity share capital of Wonder City
Buildcon (WCBPL) and Godrej Home Constructions (GHCPL) from 25.10% to 74%, the
company said in a BSE filing.
Pursuant to the said acquisition, WCBPL and GHCPL have become subsidiaries of the company
with effect from March 29, 2023.
Paid-up share capital of WCBPL is Rs. 111.62 crore while the turnover of WCBPL is Rs 131.92
crore. 5,45,82,762 Equity Shares of Rs.10 each, representing 48.90% paid-up equity share
capital of WCBPL are acquired from existing shareholders for a total consideration of Rs. 84.88 lakh.
Paid-up share capital of GHCPL is Rs. 85.20 crore while the turnover of GHCPL is Rs 282.26
crore. 4,16,67,663 Equity Shares of Rs.10 each, representing 48.90% paid-up equity share
capital of GHCPL are acquired from existing shareholders for a total consideration of Rs 28.19
crore.