Completed agreements have been reached to acquire a whole 100% share in Goel Ganga Ventures India Private Limited (GGVIPL) by real estate developer Lodha Group, which is listed as Macrotech Developers. GGVIPL is expected to become a fully-owned subsidiary of the business after this acquisition.
There is no related party transaction classification for the deal. The company stated in an exchange filing on January 4 that the promoter, promoter group, and connected companies have no role or interest in GGVIPL.
