Peninsula Land has received approval from board of directors to raise approximately Rs 750 crore through Non-Convertible Debentures (NCDs) in one or more tranches within a period of one year on Private Placement basis.
The Board of Directors of the Company at its meeting held on July 28, 2020 has approved the same.
Peninsula Land is a holding company engaged in construction business. The company is engaged in the business of real estate development. Its segments include Realty, Renting and Others.
