Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Oberoi Realty Ltd. > News item |
India’s Oberoi approves convertible, non-convertible debenture issues
By Tali Rackner
Norfolk, Va., June 2 – Oberoi Realty Ltd. informed the Bombay Stock Exchange that its board of directors met on Tuesday and approved an issue of up to Rs. 15 billion of non-convertible debentures.
The board also approved up to Rs. 7.5 billion of equity shares or any other securities convertible into equity.
The non-convertible debentures will be issued by way of private placement in one or more offerings, and the convertibles will be issued in one or more offerings by way of public or private placement, or both.
Oberoi is a Mumbai-based real estate developer.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.