Kolte Patil Developers plans to raise INR 500 crore

 

Kolte Patil Developers Ltd announced that the board has approved fund raising of INR. 500 crore by various modes
including by issue of non-convertible debentures (by way of private placement)or any other securities, equity shares, subject to approval of the shareholders of the company.

The board also approved the merger of Bellflower Properties Private Ltd.