D B Realty Ltd Share Price – NSE  /  BSE

Realty, Small Cap

D B Realty announced that the company had raised Rs 1544 crore by way of preferential issue of 25,75,00,000 convertible warrants to promoter group / non promoter group in two phases / rounds in the month of February and March 2022.

These funds have been utilised for debt reduction (including release of contingent liabilities) of Rs 1404 crore and further investments/acquisition of new assets and to meet various requirements of its ongoing projects and working capital of the Company.

In the last 1 year, the Company has entered into partnership/Joint venture/arrangements with large real estate developers such as Adani Good Homes, Godrej Residency, Prestige Group entities.

The Company is focused to be debt free in the near term and is continuously exploring avenues to partner with established large real estate developers to monetize its significant real estate holdings in excess of 600 acres.

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DB Realty announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2023.

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Rattanindia Power Ltd, Cosmo First Ltd, Angel One Ltd and DCM Shriram Ltd are among the other losers in the BSE's 'A' group today, 05 September 2023.

D B Realty Ltd lost 4.97% to Rs 143.55 at 14:44 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.03 lakh shares were traded on the counter so far as against the average daily volumes of 6.67 lakh shares in the past one month.

Rattanindia Power Ltd crashed 4.96% to Rs 6.32. The stock was the second biggest loser in 'A' group.On the BSE, 262.06 lakh shares were traded on the counter so far as against the average daily volumes of 193.76 lakh shares in the past one month.

Cosmo First Ltd tumbled 4.05% to Rs 724.6. The stock was the third biggest loser in 'A' group.On the BSE, 6985 shares were traded on the counter so far as against the average daily volumes of 8535 shares in the past one month.

Angel One Ltd pared 3.78% to Rs 1846.65. The stock was the fourth biggest loser in 'A' group.On the BSE, 25125 shares were traded on the counter so far as against the average daily volumes of 71392 shares in the past one month.

DCM Shriram Ltd plummeted 3.68% to Rs 981.9. The stock was the fifth biggest loser in 'A' group.On the BSE, 13037 shares were traded on the counter so far as against the average daily volumes of 6295 shares in the past one month.

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D B Realty has allotted 9,41,700 equity shares on conversion of warrants. Consequent to above allotment, the existing paid-up equity share capital of the Company has increased from Rs. 412,62,87,040/- to Rs. 419,57,04,040/-.

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