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’.