Peninsula Land planning to raise funds worth Rs 2500 crore during FY19

Peninsula Land is planning to raise funds worth Rs 2500 crore by way of issuing Non-Convertible Debt Securities on private placement basis during the Financial Year 2018-19. The meeting of the Board of Directors of the company is scheduled to be held May 23, 2018, to consider the same.

Peninsula Land is a holding company engaged in construction business. The company is engaged in the business of real estate development. Its segments include Realty, Renting and Others.