MoneyWorks4Me

Peninsula Land planning to raise Rs 750 crore via NCDs

29 Sep 2020 Evaluate

Peninsula Land is planning to raise funds upto Rs 750 crore by issuing Non-Convertible Debentures (NCDs) in one or more tranches on private placement basis and approval of the Shareholders is being sought at the 148th AGM to be held on October 20, 2020.

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.

Peers
Company Name CMP
Lodha Developers 1057.10
Prestige EstatesProj 1470.50
Dilip Buildcon 395.30
DLF 665.10
Oberoi Realty 1698.80
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