MoneyWorks4Me

Anant Raj gets nod to raise Rs 475 crore via NCDs

05 Jan 2022 Evaluate

Anant Raj’s board has approved the allotment of 4,750 secured, unlisted, redeemable, non-convertible debentures (NCDs) of face value of Rs 10 lakh aggregating to Rs 475 crore, partly paid- up (payment in two tranches), on private placement basis to Touchstone Trust Scheme II. The Board of Directors of the Company at their meeting held on January 04, 2022, approved the allotment of the same.

Anant Raj has become synonymous with the highest quality, excellence and innovation in the field of construction and real estate development.

Peers
Company Name CMP
Lodha Developers 1113.00
Prestige EstatesProj 1505.00
Dilip Buildcon 403.85
DLF 643.60
Oberoi Realty 1747.40
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