From K2A Residential
Kolte Patil Developers announced that it will provide an exit to K2A Residential acting through it investment manager IL&FS Investment Advisors LLC (IL&FS) who is holding 49% equity shares in its subsidiary, Kolte Patil Real Estate. The exit will be provided for a total consideration of Rs 57.5 crore, which shall be serviced largely through the internal accruals of the project. Pursuant to the exit of K2A Residential, KPRE will become a wholly owned subsidiary of Kolte Patil Developers.Powered by Capital Market - Live News
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