Ashiana Housing’s board has allotted 1000 Secured Non-Convertible Debentures (NCDs) on Private Placement basis for an amount of Rs 100 crore. Tenor of the issue is 5 years. The Executive Committee of Directors of the company at its meeting held on April 26, 2018, has allotted 10.15% Secured, Rated, Listed Reedemable NCDs.
Ashiana Housing is a real estate development company. It is engaged in building residential and commercial projects. The firm also offers retirement resorts, group housing, hotels, retail and facility management.