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Board of Anant Raj approves preferential issue of 2 90 cr convertible warrants

At meeting held on 03 March 2021The Board of Anant Raj at its meeting held on 03 March 2021 has approved preferential issue of 2.90 crore fully convertible convertible warrants of face value of Rs 2 each, at an issue price of Rs 50 per warrant. The infusion of capital shall be utilized to fund the company s new vertical of data centres to be set up in the IT parks build by the company situated at Manesar, Panchkula and Rai in the state of Haryana. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Godrej Properties emerges as highest bidder for two plots in Navi Mumbai

Godrej Properties adds new residential project in Navi Mumbai

The Mumbai-based real estate developer will acquire two plots in Sanpada, Navi Mumbai from the City and Industrial Development Corporation (CIDCO).Godrej Properties (GPL) announced the addition of a new residential project in Sanpada, Navi Mumbai. GPL emerged as the highest bidder in the CIDCO e-auctioning process with the total bidding value of Rs 166 crore for the two adjacent plots. The project is situated approximately 1 km away from Palm Beach, Sanpada in Navi Mumbai. It offers a well-developed social and civic infrastructure with schools, hospitals, residential and commercial spaces in close proximity. Spread over approximately 1.5 acres, this project will offer about 4 lakh square feet of development potential comprising primarily of premium residential apartments of varied configurations with a small amount of high street retail at the base of the development.

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