Thursday, 31 July 2014

Realty developer D.S. Kulkarni to raise Rs 200 crore via non-convertible debentures

Real estate developer D.S. Kulkarni Developers Ltd plans to raise Rs 200 crore ($33.2 million) including a greenshoe option of Rs 100 crore, via non-convertible debentures, the company said. 

The issue will open on August 4 with tenures ranging from 3 years to 7 years, the company said in a statement on Thursday. 

SBI Capital Markets is the lead arranger for the issue. 



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