Emami Realty pre-redeems NCDs worth Rs 25 crore

20 May 2019

Emami Realty has pre-redeemed 250 Nos. of Privately placed Rated Unlisted Redeemable Non-Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 25 crore, being held by ITPL Invesco India Ultra Short Term Fund and ITPL Invesco India Credit Risk Fund.

Emami Realty, formerly Emami Infrastructure is a holding company engaged in construction and real estate development. The Company's primary business is development of residential, commercial and retail properties through its subsidiaries and associates.

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