Arihant Foundations and Housing has raised Rs 100 crore through issuance of 1000 unlisted, secured, unrated, redeemable, fully paid-up Non-Convertible Debentures (NCDs) on a private placement basis. Maturity of the said NCDs will be on February 29, 2028.
Arihant Foundations and Housing caters to building segments such as villas, apartments, IT parks, hotels, shopping malls, multiplexes, developed plots and commercial buildings. It has a great ability to serve a diverse range of clients from individual home buyers to commercial clients to multi-unit investors.
