Indiabulls Real Estate

Indiabulls Actual Property to lift ₹3,911 crore from Blackstone Group, Embassy Group & others

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Indiabulls Actual Property stated its board has accredited elevating ₹3,911 crore by the issuance of shares and warrants to traders, together with the Blackstone Group and Embassy Group. Additionally learn: NCLT withholds merger of Embassy group corporations with Indiabulls Actual Property International funding agency Blackstone will make investments ₹1,235 crore, whereas the Bengaluru-based Embassy Group … Read more

Indiabulls Actual Property loss widens to ₹1,038 cr in FY24

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Indiabulls Actual Property Ltd (IBREL) has posted widening of consolidated web loss at ₹1,038.65 crore for the final fiscal 12 months. Its web loss stood at ₹608.38 crore in 2022-23. Complete revenue additionally fell to ₹468.75 crore throughout 2023-24 from ₹648.47 crore within the previous 12 months, in accordance with a regulatory submitting on Friday. … Read more

Embassy Group invests ₹1,160 crore in Indiabulls Actual Property

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Embassy Group, the biggest shareholder in Indiabulls Actual Property, has invested ₹1,160 crore via a preferential allotment of shares and warrants. Of this, 25 per cent is upfront, and the steadiness will probably be invested over 18 months. The ground value of the issuance was Rs 111.51 per share. It has additionally contributed a number … Read more