Loan & Debt26 Aug 2026, 06:20 pm
Keystone Realtors to raise ₹405 Cr via NCDs
AI Summary
Keystone Realtors Ltd announced its Board of Directors has approved raising funds aggregating up to ₹405 Crores through the issuance of fully paid-up, senior, secured, redeemable, listed, rated, non-convertible debentures on a private placement basis. The decision was made during a board meeting held on August 26, 2026. This move aims to strengthen the company's financial position and support its growth initiatives.
Key Highlights
- Keystone Realtors plans to raise ₹405 Crores.
- Funds will be raised through Non-Convertible Debentures (NCDs).
- The NCDs will be senior, secured, redeemable, listed, and rated.
- Issuance will be on a private placement basis.
- Board of Directors approved the fundraising plan.
Price Impact
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