Delta Corp Witnesses Rise After Real Estate Venture With Peninsula Land businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.
In a regulatory filing, Delta Corp said it will invest Rs 99.99 crore in Peninsula Land, which will issue 1.5 crore equity shares and 77.27 lakh CCDs at Rs 44 to Delta Corp
Delta Corp stock was hit hard recently after the GST Council imposed of 28 per cent tax on online gaming, casinos and horse racing. Add to the worries was the tax notices that Delta Corp and two of its subsidiaries on alleged tax shortfall.