Eldeco Housing & Industries incorporated two Wholly Owned Subsidiaries, Stock surges up by 3%

Further, Proficiency Real Estate has been incorporated on July 01, 2022 while Ascendancy Constructions has been incorporated on July 05,2022 At around 12:10 PM, Eldeco Housing & Industries was trading at ₹557 per share up by ₹15.9 or 2.94% from its previous closing of ₹141.10 per share on the BSE

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Eldeco Housing & Industries has announced the incorporation of two Wholly Owned Subsidiary Companies namely, Proficiency Real Estate Private Limited and Ascendancy Constructions Private Limited.

CompaniesCINDate of IncorporationAuthorized Share Capital ₹
Proficiency Real Estate Private LimitedU70109DL2022PTC401068July 01, 20221,00,000 (Rupees One Lakh)
Ascendancy Constructions Private LimitedU70109UP2022PTC167052 July 05, 20221,00,000 (Rupees One Lakh)

According to the regulatory filing, both the companies are incorporated as wholly-owned subsidiaries to carry out the real estate activities.

Further, Proficiency Real Estate has been incorporated on July 01, 2022 while Ascendancy Constructions has been incorporated on July 05,2022.

At around 12:10 PM, Eldeco Housing & Industries was trading at ₹557 per share up by ₹15.9 or 2.94% from its previous closing of ₹141.10 per share on the BSE.

The stock last hit in BSE,

  • Intraday High of ₹ 563.55
  • Intraday low of ₹ 555.00
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