Embassy Office Parks REIT has received approval from board of directors for issuance of 10,000 listed, rated, secured, redeemable, transferable, rupee denominated, non-convertible debentures (NCDs) with a face value of Rs 10 lakh each on a private placement basis for an aggregate amount of Rs 1000 crore for a term of 60 months from the deemed date of allotment. The proceeds shall be utilized for subscribing to privately placed, unlisted, non-convertible debentures to be issued by Golflinks Software Park and for other general purposes. The Debenture Committee of the Board of Directors of the Manager, at its meeting held on March 30, 2022, has approved the same.
Embassy REIT is India’s first publicly listed Real Estate Investment Trust.
Company Name | CMP |
---|---|
Bajaj Finserv | 1590.60 |
Paul Merchants | 898.00 |
Data Infrastructure | 140.10 |
IIFL Finance | 401.00 |
Embassy Office Parks | 355.98 |
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