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srinagar banihal: SC Lowy invests in Pune based real estate and Srinagar Banihal debt

An alternative investment fund backed by SC Lowy has invested in non-convertible debentures (NCD) in the last week of March. While Pharande NCDs do not pay any interest up to June 30, 2024 and 14% until maturity on March 31, 2026, Srinagar Banihal has offered 16% on the NCDs. The proceeds will be used for loan repayments and for working capital, a source said.

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Pallav Mohapatra | Arcil new CEO: Former Central Bank of India CEO Pallav Mohapatra appointed Arcil CEO

Pallav Mohapatra | Arcil new CEO: Former Central Bank of India CEO Pallav Mohapatra appointed Arcil CEO
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