Godrej Properties net debt rises marginally to Rs 7,572 crore in Q2

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Godrej Properties net debt rises marginally to Rs 7,572 crore in Q2 - Business Standard

Quick Summary:

Realty firm Godrej Properties' net debt rose 2 per cent during the September quarter to Rs 7,572 crore with the company focusing on land acquisition for future growth.

The funds would be raised through the issuance of securities, including equity shares, debentures, preference shares, and/or any other eligible securities.

Godrej Properties plans to raise up to Rs 6,000 crore through the issue of securities.