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Crest Ventures sells 5% stake in Vamano Developers to Phoenix Mills

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Capital Market

For consideration of Rs 47.49 crore

Crest Ventures has entered into a Share Purchase Agreement with Phoenix Mills for sale of 12,50,000 Equity Shares held by it in Vamona Developers ('VMPL') at a total consideration of Rs. 47.49 crore. The aforementioned shares equate to 5% stake in VMPL.

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First Published: Sep 06 2017 | 2:33 PM IST

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