Godrej Properties 100% Stake In Ceear Lifespace Developers Ltd

New Delhi: Godrej Properties Ltd (GPL) has acquired another real estate and construction firm Ceear Lifespaces Pvt Ltd (CLPL) and the latter has become a wholly owned subsidiary of the former.

“Godrej Properties Limited has acquired 100 percent issued and paid-up share capital of the ‘Ceear Lifespaces Private Limited’. Consequent to the said acquisition, CLPL has become a wholly owned subsidiary of the Company,” said Godrej Properties in a regulatory filing.

GPL has acquired all the 10,000 equity shares of CLPL at Rs 10 each.  CLPL was established in 2017. 

 

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