Vatika group repays Rs 1,109 crore, to sell more land to clear debt
Vatika group repays Rs 1,109 crore, to sell more land to clear debt SECTIONS Share Synopsis Some of the major repayments include a repayment of Rs 304 crore to Piramal Enterprises, Rs 108 crore to HDFC Limited, Rs 519 crore to Indiabulls, Rs 82 crore to ICICI Bank and Rs 74 crore to Standard Chartered Bank. Agencies The company has also given exit to Singapore's sovereign wealth fund GIC by purchasing their share in two residential projects in Gurgaon. Realty developer Vatika has sold multiple land parcels worth Rs 450 crore and company’s shares worth Rs 170 crore and used the money to give...
Source: indiatimes.com