Peninsula Land has received approval to raise Rs 750 crore through Non-Convertible Debentures (NCDs) on Private Placement basis in one or more tranches during the Financial Year 2019-20. The Board of Directors of the Company at its meeting held on May 30, 2019 has approved the same.
Peninsula Land is a holding company engaged in construction business. The company is engaged in the business of real estate development. Its segments include Realty, Renting and Others.
