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Lancor Holdings gets nod to avail Asset Backed Loan from SBI

26 Apr 2017 Evaluate

Lancor Holdings has received approval to avail Asset Backed Loan (ABL) from the State Bank of India (SBI), overseas branch, Chennai for an amount not exceeding Rs 50 crore against the security of 840815 square feet of immomovable properties situated at Town and Country, Sriperumbudur. The board of company at its meeting held on April 26, 2017 has approved for the same.

Lancor Holdings is a professionally managed property development company, acquiring the business interest of erstwhile DBS Properties and is engaged principally in development of properties in Chennai, Bangalore and Coimbatore.

Lancor Holdings Share Price

26.08 1.24 (4.99%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 827.75
Dilip Buildcon 434.80
DLF 569.60
Oberoi Realty 1671.50
Ahluwalia Contract(I 782.75
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