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'HOTELIER 50' Programme, a Silver Lining for Hospitality Students and Professionals – India Education Diary | Latest Education News India | Global Educational News

'HOTELIER 50' Programme, a Silver Lining for Hospitality Students and Professionals – India Education Diary | Latest Education News India | Global Educational News
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Embassy Office Parks REIT raises funds through preferential issue at Rs. 356.70 per unit

Embassy Office Parks REIT raises funds through preferential issue at Rs. 356.70 per unit
Posted On:
2020-12-23 22:11:01
(Time Zone: Arizona, USA)
Pursuant to the resolutions of the Board of Directors of Embassy Office Parks Management Services Private Limited (the Company ), the Manager of Embassy Office Parks REIT, passed on November 17, 2020 and the resolutions passed by the Unitholders of the Embassy Office Parks REIT on December 10, 2020 approving the issuance of the units of the Embassy Office Parks REIT (the Units ) to each of Mr. Vasudev Garg (28,552,800 units), Mr. Chaitanya Garg (28,552,600 units) and Ms. Radhika Garg (7,787,600 units) (collectively, the allottees ) on a preferential basis in accordance with the SEBI REIT Regulations, the Securities Committee of the Board of Directors of the Company, at its meeting held today, i.e., December 24, 2020, through audio-visual electronic communication has, approved the allotment of 64,893,000 Units to t ....

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