Delta Corp to invest Rs 100 cr in Peninsula Land, to also form Rs 250-cr joint venture
Delta Corp holding in the listed developer will move up to 4.88% post issuance of equity shares and 7.20% after the conversion of CCDs. Both equity shares and CCDs will be issued at Rs 44 each. Each CCD will be convertible on 16th April 2025 into one equity share.
Source: indiatimes.com