Oberoi Realty planning to raise fund via NCDs

Oberoi Realty is planning to raise fund by various modes, including by issue of Non-Convertible Debentures (NCDs) (by way of private placement or otherwise), or any other securities, equity shares and / or any other securities convertible into equity (by way of one or more Qualified Institutions Placement).

The Board of Directors of the Company at its meeting to be held on May 10, 2019 to consider the same.

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.

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