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Indiabulls Real Estate, Embassy merger delay unsettling stakeholders: Jitendra Virwani, ET RealEstate

IBREL recently raised more than Rs 3,911 crore through a preferential allotment to a diverse group of investors, including Embassy Group and Blackstone. Embassy Group will be the largest shareholder in IBREL, with 18.7% ownership on a fully diluted basis.

Jitendra-virwani , Embassy-group , Real-estate , Indiabulls-real-estate , Ndiabulls-real-estate , Itendra-virwani , Ational-company-law-appellate-tribunal , Brel , Ross-development-value , Lackstone ,

Stock Market Live Updates 09 April 2024: Sensex, Nifty set to open at fresh record highs; Bain Capital to sell $429-million stake in Axis Bank

Stock Market Live Updates 09 April 2024: Sensex, Nifty set to open at fresh record highs; Bain Capital to sell $429-million stake in Axis Bank
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

United-states , New-york , Hyderabad , Andhra-pradesh , India , Indraprastha , Haryana , South-korea , Nirmal , Kolkata , West-bengal , China

Indiabulls RE, Embassy merger delay unsettling stakeholders: Jitendra Virwani

IBREL recently raised more than Rs 3,911 crore through a preferential allotment to a diverse group of investors, including Embassy Group and Blackstone. Embassy Group will be the largest shareholder in IBREL, with 18.7% ownership on a fully diluted basis.

India , Jitendra-virwani , Gross-development-value , Embassy-group , National-company-law-appellate-tribunal , Indiabulls-real-estate , Virwani , Ibrel , Nclt , Nclat , Income-tax-department , Blackstone

Embassy Group: Embassy Group may invest more in Indiabulls, add assets to drive growth

Embassy Group, led by chairman Jitendra Virwani, plans to infuse additional capital and assets into Indiabulls Real Estate Limited (IREL), of which it holds the largest stake. The merger of Embassy's residential and commercial projects with IREL, once approved by the National Company Law Appellate Tribunal, will create the country's largest real estate developer.

Bengaluru , Karnataka , India , Chennai , Tamil-nadu , Utpal-sheth , Jitendra-virwani , Asia-pacific , Indiabulls-real-estate-limited , National-company-law-appellate-tribunal , Blackstone-real-estate-fund , Maybank

Embassy Office Parks REIT: Embassy REIT to acquire business park in Chennai for Rs 1,269 crore, ET RealEstate

Embassy Office Parks REIT: In a regulatory filing, Embassy REIT informed that it has agreed to purchase Embassy Splendid TechZone (ESTZ), a Grade-A business park, from sponsor Embassy Group for an enterprise value of Rs 1,269 crore.

Bengaluru , Karnataka , India , Chennai , Tamil-nadu , Pune , Maharashtra , Mumbai , Aravind-maiya , Jitendra-virwani , National-capital-region , Real-estate-investment-trust

Embassy REIT to acquire Splendid TechZone asset in Chennai

Embassy Office Parks REIT has agreed to acquire Embassy Splendid TechZone, a Grade-A business park, from Embassy Sponsor, for an Enterprise Value of Rs 1,269 crore. This acquisition marks Embassy REITs debut in Chennai, a thriving office market in India. T

Mumbai , Maharashtra , India , Chennai , Tamil-nadu , Pune , Bengaluru , Karnataka , Aravind-maiya , Jitendra-virwani , Embassy-splendid-techzone , Embassy-business-hub

Embassy REIT to acquire business park in Chennai for Rs 1,269 crore; plans to raise Rs 2,500 crore

Listed in April 2019, Embassy REIT owns and operates a 45.4 million square feet portfolio of nine infrastructure-like office parks and four city centre office buildings in Bengaluru, Mumbai, Pune, and the National Capital Region (NCR)

India , Mumbai , Maharashtra , Chennai , Tamil-nadu , Bengaluru , Karnataka , Pune , Aravind-maiya , Jitendra-virwani , Embassy-techvillage , Embassy-business-hub

Embassy REIT to buy business park in Chennai for EV of Rs 1,269 crore

Embassy REIT to buy business park in Chennai for EV of Rs 1,269 crore
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Bengaluru , Karnataka , India , Chennai , Tamil-nadu , Aravind-maiya , Jitendra-virwani , Embassy-office-parks , Embassy-splendid-techzone , Wells-fargo , Embassy-techvillage , Embassy-group