Arihant Superstructures’ board of directors has approved raising of up to Rs 500 crore by issuance of securities. The issue of securities could be through private placement, preferential issue, qualified institutions placement (QIP), follow-on public offering (FPO), or a combination thereof. The proposed fundraising is subject to shareholders' approval and other regulatory approvals.
Arihant Superstructures (ASL) is a leading real estate company. It also focuses on making quality lifestyles affordable for its discerning patrons, which epitomizes the core value of the group.
