Indiabulls Real Estate to raise Rs 3,911 cr from Blackstone Group, Embassy Group & others devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Indiabulls Real Estate said its board has approved raising Rs 3,911 crore through the issuance of shares and warrants to investors, including the Blackstone Group and Embassy Group.
Global investment firm Blackstone will invest Rs 1,235 crore, while the Bengaluru-based Embassy Group will infuse Rs
Indiabulls Real Estate to raise Rs 3,911 Cr through issuance of shares, warrants to investors devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Indiabulls Real Estate raised Rs 3,911 crore from investors like Embassy Group, Baillie Gifford & Co, Blackstone Real Estate Fund following SEBI guidelines at Rs 111.51 per share. The company plans acquisitions in Bengaluru and Chennai.