Supertech to raise mn by July to complete housing projects

01 Jun 2023

According to Supertech Ltd's chairman RK Arora, the real estate company needs to acquire over $16,000,000,000 from institutional investors by the end of July to finish its 18 active housing projects throughout Delhi-NCR.
According to Arora, who did not reveal the investors' names, the company has a term sheet in place with investors to raise this interim money, and due diligence is presently being completed.

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