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Kolte-Patil Developers Allots Debentures to Marubeni Corporation

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Kolte-Patil Developers Allots Debentures to Marubeni Corporation

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Kolte-Patil Developers Limited ( (IN:KOLTEPATIL) ) just unveiled an update.

Kolte-Patil Developers Limited has announced the allotment of 10,994 Series 4 fully secured, listed, rated, redeemable, non-convertible debentures to Marubeni Corporation, Japan, raising Rs. 109.94 crore. The funds will be used for general corporate purposes, including construction and development projects, enhancing the company’s financial flexibility and supporting its growth strategy.

More about Kolte-Patil Developers Limited

Kolte-Patil Developers Limited operates in the real estate industry, focusing on the development of residential and commercial properties. The company is known for its projects in Pune and Bangalore, India, and aims to cater to a diverse market with its range of offerings.

Average Trading Volume: 4,924

Technical Sentiment Signal: Hold

Current Market Cap: 33.34B INR

See more data about KOLTEPATIL stock on TipRanks’ Stock Analysis page.

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