Sunteck Realty plans to raise Rs 2,000 crore

Sunteck Realty plans to raise Rs 2,000 crore
04/05/2019 , by , in News/Views

Sunteck Realty plans to raise Rs 2,000 crore via non-convertible debentures and equity share, it said in the BSE filing. The recommendation is subject to the approval of members.

It plans to raise Rs 1,500 crore via non-convertible debentures by way of private placement in one or more tranches or Rs 500 crore by way of equity shares and/or any other securities convertible into equity shares.

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