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TARC informs about raising of funds and squaring off the existing debts

02 May 2022 Evaluate

TARC has informed that the Company has successfully raised Rs 1330 Crores by way of issuance of Secured Non- Convertible Debentures. The funds have been used to retire the entire loans of the Company. Accordingly, all existing loans of the Company stand paid off as at April 29, 2022.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Lodha Developers 1167.65
Prestige EstatesProj 1632.45
Dilip Buildcon 397.10
DLF 745.00
Oberoi Realty 1739.90
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