Shriram Properties gains for third consecutive day after Omega TC offloads stake
In the last three days, Omega TC has sold its 4.1 percent stake in the company, against its shareholding of 9.39 percent as of June 30.
Stay updated with breaking news from Shrivision Elevations Private. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In the last three days, Omega TC has sold its 4.1 percent stake in the company, against its shareholding of 9.39 percent as of June 30.
Launched as Shriram 122 West, it is the second joint investment by the co-investment platform set up by ASK and Shiram in November 2022 with a capital commitment of Rs 500 crore
The acquisition was through SPLs wholly-owned subsidiary, Shrivision Elevations Private Limited, with the working capital needed to be met separately by the partners. The newly acquired residential project in Mangadu will be launched as “Shriram 122 West” near the Porur - Manapakkam IT cluster and the upcoming metro corridor.
Shriram Properties Limited has acquired 100% development rights in an ongoing project at Chennai, through its wholly owned subsidiary, Shrivision Elevations Private Limited.