MoneyWorks4Me

Karda Constructions planning to raise funds via NCDs

22 Jan 2019 Evaluate

Karda Constructions is planning to raise funds by way of issue of Debt Security in the form of Non-convertible Debenture (NCDs) on private placement basis. The meeting of the Board of Directors of the Company is scheduled to be held on January 24, 2019, to consider the same.

Karda Constructions is primarily in construction of residential projects and recently they have been innovative in their approach to push the affordable housing segment by coming up with schemes such as ‘Capsule Homes’.

Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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