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D B Realty informs about outcome of board meeting

17 Jan 2024 Evaluate
D B Realty has informed that the Board of Directors of the Company at its meeting held today, 17th January, 2024, has approved the following, Raising of funds by way of issuance of equity shares and / or securities convertible into Equity Shares, and / or non-convertible debt instruments along with warrants or any combination of securities thereof (hereinafter referred to as Securities), for an aggregate amount not exceeding Rs 2,000 Crores (Rupees Two Thousand Crores only) or an equivalent amount thereof by way of qualified institutional placement (QIP) or other permissible mode in accordance with the applicable laws, subject to the receipt of the necessary approvals including the approval of the members of the Company and other regulatory / statutory approvals, as may be required; and To seek approval of Shareholders of the Company for the aforesaid purpose through Postal Ballot. The requisite disclosure, pursuant to Part A Para A of Schedule III of Regulation 30 of the SEBI Listing Regulations and in terms of SEBI circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11 July 2023 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July 2023, is enclosed as Annexure ‘A’.

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

Valor Estate Share Price

106.36 -0.81 (-0.76%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 855.85
Dilip Buildcon 450.15
DLF 595.85
Oberoi Realty 1695.70
Ahluwalia Contract(I 833.35
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