Ansal Properties raising fresh equity capital after avoiding bankruptcy
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Ansal Properties raising fresh equity capital after avoiding bankruptcy

By Swet Sarika

  • 18 Dec 2020
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Ansal Properties raising fresh equity capital after avoiding bankruptcy
Credit: Thinkstock

North India-based developer Ansal Properties and Infrastructure Ltd (Ansal API) said Friday it has approved a plan to raise Rs 100 crore to reduce its debt and finish construction of ongoing projects. As the first step the company has decided to issue warrants to non-promoter investors to mobilise Rs 35 crore, ......

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