IITL Projects has received approval to give corporate guarantee of Rs 30 crore to Piramal Capital and Housing Finance for the credit facilities agreed to be granted to IITL Nimbus, the Express Park View, Joint Venture of the company.
IITL Projects is engaged in the business of finance and investment activity, which involves trading in securities, brokerage, financing, etc. The company operates in two segments: trading in shares and financing and real estate related activities.