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Outcome of board meeting of Kolte Patil Developers

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Capital Market

Held on 27 December 2017

The Board of Kolte Patil Developers at its meeting held on 27 December 2017 has approved the following -

Passing of enabling resolution/s for fund raising up to Rs 500 crore by various modes, including by issue of non-convertible debentures or any other securities.

Merger of Bellflower Properties, a wholly owned subsidiary with the Company, subject to the approval National Company Law Tribunal and such other Regulatory authorities.

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First Published: Dec 27 2017 | 1:52 PM IST

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