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Puravankara Limited ( (IN:PURVA) ) has issued an announcement.
Puravankara Limited has announced the allotment of 750 non-convertible debentures (NCDs) with a face value of INR 10 lakhs each, totaling INR 75 crores, as part of a private placement. This move follows a previous allotment of 500 NCDs and is part of a larger fund-raising effort to issue NCDs up to INR 300 crores. The issuance of these debentures is aimed at raising capital for the company’s operations, potentially enhancing its financial flexibility and market position.
More about Puravankara Limited
Average Trading Volume: 16,243
Technical Sentiment Signal: Hold
Current Market Cap: 58.85B INR
Find detailed analytics on PURVA stock on TipRanks’ Stock Analysis page.