Real estate firm DB Realty Ltd on Monday denied a newspaper report that it is selling a stake in a project in Mumbai.
DNA had reported earlier that DB is in talks with private equity players to sell 20 percent stake in a redevelopment project in Bandra in western Mumbai, sending its shares up more than 6%.
“The reports published in the media are not attributable to the company and are incorrect and cannot be relied upon,” it said in a statement to the National Stock Exchange.
Source: DNA India