Real estate developer Parsvnath today said it has received shareholders' approval to raise up to Rs 2,000 crore through the issue of securities to qualified institutional buyers.
In a filing
Several realty firms, including Parsvnath, have sought the government's nod to shelve their special economic zone (SEZ) projects amid continued tax uncertainties.
Among others, Parsvnath SEZ -- a Parsvnath Group
Realty firm Parsvnath Developers today reproted a 25. 93 per cent jump in its consolidated net profit for the quarter ended December 31 2010 to Rs 31
Realty firm Parsvnath Developers today said it has raised Rs 100 crore by selling 49. 9 per cent stake in a housing project at Ghaziabad to private equity (PE) firm
Realty firm Parsvnath Developers today said it has raised Rs 269. 52 crore through private placement of shares with institutional investors and the funds will be utilised for execution of
Realty firm Parsvnath Developers is planning to raise up to USD 67 million (about Rs 300 crore) through private placement of shares to institutional investors for executing its ongoing projects.
Company also plans to raise $70m through QIP of shares.
Affordable housing is not about box-sized units in far-flung places.
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