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SC Lowy buys Rs 275 crore bonds issued by Pune-based Pharande Township, ET RealEstate

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.

Pune-based-pharande , While-pharande ,

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.

Pune , Maharashtra , India , Banihal , Jammu-and-kashmir , Asset-reconstruction-co-india-ltd , Srinagar-banihal-expressway-ltd , Hong-kong-based , Pharande-township , While-pharande , Srinagar-banihal