Signature Global to Raise Rs 8.75 billion via NCDs for Debt Refinancing, Expansion
Realty major Signature Global has announced plans to raise up to Rs 8.75 billion through the issuance of secured, listed, redeemable non-convertible debentures (NCDs) on a private placement basis. The fundraising will be executed in one or more tranches and is expected to conclude by August, subject to shareholder approval. Of the total proceeds, Rs 4.5 billion will be utilised to refinance existing debt, while the remaining amount will support business expansion initiatives, Chairman Pradeep Kumar Aggarwal confirmed to PTI. The board has approved the proposal and the company will no..
Capacit’e Infraprojects Wins Rs 6.21 billion order from Saifee Burhani Upliftment Trust
Capacit’e Infraprojects has secured a Letter of Intent (LOI) worth Rs 6.21 billion (excluding GST) from Saifee Burhani Upliftment Trust (SBUT) for the execution of core and shell works, finishing, MEPF services, and other associated components of the redevelopment project—Sector 07 of the Saifee Burhani Upliftment Project—located at Ward ‘C’, Bhendi Bazaar, Mumbai. This is the third repeat order from SBUT to Capacit’e Infraprojects, underscoring the trust and satisfaction of a long-standing client in the company’s project delivery capabilities. Commenting on the develop..
K Raheja Corp's Volunteering Drive Brings Back-to-School Cheer for Underprivileged Kids
Real estate major K Raheja Corp concluded its latest community initiative under the ‘Time Off for Volunteering’ programme, titled Paint a Pair, Show You Care. Held in association with NGO ConnectFor, the campaign was part of a larger 'Back to School' drive aimed at supporting underprivileged students from the Jhanvi Charitable Trust. More than 45 employees from across group companies—Mindspace Business Parks, Chalet Hotels Ltd., K Raheja Corp Homes, and Inorbit Malls—came together to hand-paint over 60 pairs of canvas shoes for children preparing to return to school. Volunteers al..
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