gravatar

Real Estate News – Godrej Properties raises Rs. 700 crore via rights issue

Realty firm Godrej Properties today said it has raised Rs.700 crore by selling fresh shares to existing shareholders through a rights issue.

The proceeds of the rights issue would be utilised for adding new projects and reducing debt.

In a filing with the BSE, Godrej Properties said the Rights Issue Committee of the board has allotted 21,538,388 shares at Rs. 325 per share to the successful applicants.

Paras Seasons new luxury project Paras Seasons going to give possesion with in two month. for any information about Paras Seasons which is located at sector 168 Noida. You can also visit our website www.parasseasonsnoida.co.in