Ashiana Housing’s board has allotted 1874 Un-Secured Non-Convertible Debentures (NCDs) on Private Placement basis for an amount of Rs 18.74 crore. Tenor of the issue is 20 years. The Executive Committee of Directors of the company at its meeting held on September 28, 2018, has allotted 8% Un-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.