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Oberoi Realty to raise Rs 1500 crore through NCDs

27 May 2022 Evaluate

Oberoi Realty has received approval from board of directors for issuance of non-convertible debentures up to an aggregate amount of Rs 1500 crore by way of private placement, in one or more offering and or tranches. The Board of Directors of the Company at their meeting held on May 26, 2022 has approved the same.

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.

Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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