Ansal Properties to raise Rs 100 crore, to focus on completion of existing projects
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Real estate developer Ansal said it will raise Rs 35 crore through issue of warrants to non-promoters, as part of its plan to raise Rs 100 crore in the next few months.
Agencies
Real estate developer Ansal said it will raise Rs 35 crore through issue of warrants to non-promoters, as part of its plan to raise Rs 100 crore in the next few months.
Ansal Properties and Infrastructure Limited, in its board meeting on Friday, approved the issue and allotment of 5,00,10,000 Warrants to Non Promoter (Public) investors, which would eventually be converted into equity share of the company giving the investors 5,00,10,000 of Equity shares representing 24.11% of the post issue equity outstanding.