Tag: Working Capital

Brigade Enterprises; touching sky

July 24, 2010 – 9:09 am

Brigade Enterprises, a Bangalore-based real estate company is planning to raise an additional fund of Rs. 750 cr. Foreign currency convertible bonds (FCCBs)American depository receipts (ADRs), global depository receipts (GDRs) or placement with qualified institutional investors will be the key instruments for raising the fund. After the meeting yesterday, the company said to the shareholders [...]

By Anchal | Posted in Property News | Also tagged , , , , , , , , , , , , , , , | Comments (0)

IBFSL releases 3% equity of Akruti City

January 6, 2009 – 11:50 pm

Indiabulls Financial Services (IBFSL) on Tuesday said that it has released over 3% equity of Mumbai-based developer Akruti City as the real estate firm paid back a major part of its loan amount taken from IBFCL. Akruti had taken Rs 200 crore from IBFSL by pledging 6% of its equity for working capital requirement. IBFSL [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , | Comments (0)

A Delhi Based Real Estate Company Is In Debt

August 20, 2008 – 9:39 am

A Delhi based real estate company, which claims to have transformed the dreams of several of its customers to reality, is being trampled by a leading Mumbai-based NBFC. The promoters of the real estate company had pledged its shares with the NBFC and accepted a funding of Rs 300 crore to meet its short-term working [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , , , , | Comments (1)