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Prospect News home > News index > List of issuers K > Headlines for Kolte-Patil Developers Ltd. > News item
Published on 2/12/2019 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India’s Kolte-Patil board OKs up to Rs. 5 billion of securities

By Sarah Lizee

Olympia, Wash., Feb. 12 – Kolte-Patil Developers Ltd. informed the Bombay Stock Exchange that its board of directors met on Tuesday and approved passing a resolution to raise up to Rs. 5 billion of securities.

Kolte-Patil may issue nonconvertible debentures or securities convertible into equity, among other options.

The real estate company is based in Pune, India.


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