Board Meeting8 May 2026, 07:21 pm
Oberoi Realty to Raise Up to ₹6000 Crore
AI Summary
The Board of Directors of Oberoi Realty Ltd has approved a proposal to enable raising funds for an aggregate amount not exceeding ₹6,000 Crore. This will be done through the issuance of equity shares, eligible securities, other securities or instruments, or any combination thereof, in one or more tranches. The issuance may occur via private placement, including a qualified institutions placement, or any other permissible mode, subject to shareholder and regulatory approvals.
Key Highlights
- Oberoi Realty board approves raising up to ₹6,000 Crore.
- Funds to be raised through equity or other eligible securities.
- Issuance via private placement or qualified institutional placement.
- Shareholder and regulatory approvals are required.
- Funds will be raised in one or more tranches.