The step down tier II subsidiary of the company will utilise the proceeds of the sale to repay the NCD liabilities of the debenture holders Goldman Sachs with a onetime settlement amount agreed mutually.
Nitesh Estates is a leading integrated property development company headquartered in Bangalore. The company provides world-class products and services and has presence across four asset class – Homes, Hotels, Office Buildings, and Shopping Malls.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.