Board Meeting10 Sept 2026, 01:12 pm
Ajmera Realty to Raise Up to ₹500 Cr via NCDs/Bonds
AI Summary
Ajmera Realty & Infra India Ltd announced that its Board of Directors has approved a proposal to raise up to Rs. 500 Crores through the issuance of Non-Convertible Debentures (NCDs) or Bonds on a private placement basis. This fundraising is subject to the approval of the company's shareholders. The board meeting where this proposal was considered and approved took place on September 10, 2026.
Key Highlights
- Board approved raising up to ₹500 Crores.
- Funds to be raised via Non-Convertible Debentures/Bonds.
- Issuance will be on a private placement basis.
- Shareholder approval is required for the proposal.
- Board meeting held on September 10, 2026.
Price Impact
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