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Long Term Funds is Unitech s next target

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Unitech – country’s 2nd biggest realty firm said to www.propertykhazana.com that, “It has decided to increase extra long-term funds by issuing securities in the company and the board has permitted to increase the extra long-terms funds through issuance of more securities. This was stated at the time of filing to the Bombay Stock Exchange and following the proclamation, shares of Unitech rushed for 14% to a high of Rs. 75 on the BSE. Unitech had raised more than Rs. 1,700 Crores through qualified institutional placement (QIP) to fund different ventures and remaining part of its Rs. 8,500 Crores debt.
Recently, Indiabulls senior official said to www.propertykhazana.com that, “Company will raise USD 700 Million through QIP to fund its business growth proposals. Unitech had given up 42, 20, 65,940 shares at a rate of Rs. 39, amounting up to Rs. 1,630 Crores. Post-QIP, the promoters share in Unitech has reduced to 55% from 70%, faltering under cash chomp; most of the realty firms in the country are striking the QIP path to increase the funds. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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Greetings from Vaikunth Multi State CGHS Ltd...!!! HURRY UP LIMITED TIME OFFER FROM 1/06/17 TO..
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May 12, 2017
The Delhi L zone development project will offer a great boon the city 1st economy and is predicted to be the most substantial development plan..
May 12, 2017
The Delhi L zone development project will offer a great boon the city 1st economy and is predicted to be the most substantial development plan..
May 12, 2017
2 minute walking from dwarka mor metro station, Modular kitchen with chimney, 2 toilets, 1 balcony, Lift,Cctv camera, Car parking, Bedroom..
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Being in this field for the last 8 years we know what it takes to make someone feel at home. We, at HouseWaala.com Provide you with apartments..
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Being in this field for the last 8 years we know what it takes to make someone feel at home. We, at HouseWaala.com Provide you with apartments..
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Being in this field for the last 8 years we know what it takes to make someone feel at home. We, at HouseWaala.com Provide you with apartments..
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Being in this field for the last 8 years we know what it takes to make someone feel at home. We, at HouseWaala.com Provide you with apartments..
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Being in this field for the last 8 years we know what it takes to make someone feel at home. We, at HouseWaala.com Provide you with apartments..
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Being in this field for the last 8 years we know what it takes to make someone feel at home. We, at HouseWaala.com Provide you with apartments..
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Being in this field for the last 8 years we know what it takes to make someone feel at home. We, at HouseWaala.com Provide you with apartments..
Oct 10, 2016
Being in this field for the last 8 years we know what it takes to make someone feel at home. We, at HouseWaala.com Provide you with apartments..
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