D B Realty merges its subsidiary Gokuldham, a real estate arm of company

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D B Realty, the leading real estate developer has merged its subsidiary Gokuldham, the real estate development company and the company has informed to BSE (Bombay Stock Exchange).

According to reports, amalgamation will be effective from April 01, 2013, the appointed date “Pursuant to the Orders passed by the High Court of Bombay on October 16, 2015 and October 27, 2015 (company received order at October 29, 2015 and November 04, 2015). The company has filed and takes the record on December 23, 2015 by Registrar of Companies.

While closing at Tuesday the shares of D B Realty was at Rs 57.40 at BSE (Bombay Stock Exchange) and it was down by 1.4 percent over Monday’s close.