Suraj Estate Developers has raised Rs 70 crore through the allotment of 7,00,00,000 Unlisted, Secured, Non-Convertible Debentures (NCDs) of face value of Rs 10 to ICICI Ventures Funds Management Company on private placement basis. The Borrowing Committee of the Board of Directors of the Company at its meeting held on February 29, 2024, inter alia, considered and approved the same.
Suraj Estate Developers builds and develops real estate, with a focus on best-in-class collaborations and client assurance.
