Godrej Properties' board approves Rs 6,000 cr fund raise through securities

Quick Summary:

The fund raise is subject to the approval of the shareholders, which the company will seek through postal ballots.

Meanwhile, the profit attributable to equity holders of the parent stood at Rs 520.05 crore during the same period.

The offerings may include qualified institutional placement (QIP), rights issue, further public offer, or any other mode.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Godrej properties Board Fund raising Godrej Properties Fundraise Securities issue

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 14:30:48 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22834344

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