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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 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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