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Parsvnath Developers News

04 Aug 2024

Who Is Sanjeev Jain? Realty Firm's CEO Arrested After 60km Car Chase By Police

The police were initially informed that Sanjeev Jain was at his residence in Gurugram. However, by the time they arrived, he had already departed for Delhi. Police arrested him after a 60km chase at the Delhi Airport.

Securities Appellate Tribunal

16 Aug 2017

Shell companies: SAT to hear pleas of 2 more firms on Thursday

The Securities Appellate Tribunal (SAT) will on Thursday hear pleas by Hit Kit Global Solutions and Sanco Industries against trading restrictions imposed on their shares by exchanges on Sebi directions.

Securities Appellate Tribunal

11 Aug 2017

Sebi crackdown on shell companies: SAT lifts trading curbs on Parsvnath, 5 others

Out of the 331 companies on the list, more than 160 are actively traded shares on the exchanges.

Securities Appellate Tribunal

11 Aug 2017

SAT lifts trading curbs on shares of Parsvnath Developers, Kavit Industries

The Securities Appellate Tribunal on Friday lifted trading curbs on shares of Parsvnath Developers and Kavit Industries which are among the 331 suspected shell companies identified by the government.

India shell companies

08 Aug 2017

Big names figure among shell firm list; Companies deny tag

The regulator has asked the exchanges to restrict trading in shares of 331 such companies, some of which have investments by several well-known domestic and foreign investors and the move spooked overall market sentiments on fears about possible action against more such firms.

Delhi State Consumer Commission

17 Jul 2017

Parsvnath builders asked to compensate homebuyer for delay

The Delhi state consumer commission has directed a real estate firm to pay Rs three lakh as compensation to a homebuyer for delay in handing over the possession of a flat.

21 Oct 2016

SC directs Parsvnath to hand over Gurgaon flat to Rajyavardhan Singh Rathore within 2 days

The Minister of State for Information and Broadcasting had booked a flat in Parsvnath`s Exotica project in Gurgaon in 2006 paying around Rs 70 lakh for it. The flat was to be delivered by 2008-09.

10 Sep 2016

Parsvnath Q1 net profit flat at Rs 4.58 crore

Realty firm Parsvnath Developers Ltd on Saturday reported a marginal decline in net profit at Rs 4.58 crore for the quarter ended June on lower sales.

20 Oct 2015

Parsvnath repays Rs 60-crore debt to Essel Finance

Realty firm Parsvnath Developers has cleared a debt of Rs 60 crore to Essel Finance and some other investors through redemption of non-convertible debentures (NCDs).

04 Oct 2015

Parsvnath gets shareholders nod to raise Rs 1,000 cr via NCDs

Realty firm Parsvnath Developers' shareholders have approved the company's special resolution to raise up to Rs 1,000 crore through private placement of non-convertible debentures (NCDs).

08 May 2015

FIR lodged against Parsvnath, EOW probes buyers' allegation

Delhi Police has registered an FIR against realty firm Parsvnath Developers for allegedly duping buyers of crores of rupees in its housing project in Civil Lines area of North Delhi.

10 Apr 2015

Supertech to invest Rs 2,400 cr to develop township at Gurgaon

Realty firm Supertech Friday said it will invest Rs 2,400 crore over the next five years to develop a township project on 140 acres land that the company has bought from Parsvnath Developers at Gurgaon in Haryana.

31 Mar 2015

Parsvnath raises Rs 355 cr via pvt placement of debentures

Real Estate firm Parsvnath on Tuesday said it has raised Rs 355 crore through private placement of debentures.

04 Feb 2015

Pride Asia: Parsvnath returns land, CHB gives Rs 567 crore

The curtains on much-publicised integrated township project 'Pride Asia' promoted by realty firm Parsvnath Developers in collaboration with Chandigarh Housing Board finally came down with later agreeing to refund the award money and former returning the land.

28 Sep 2014

Parsvnath leases office space in CP

The company had bagged this project from Delhi Metro Rail Corporation, on a BOT (build-operate-transfer) basis in 2010.

18 Sep 2014

Parsvnath sells township project in Gurgaon for about Rs 700cr

Parsvnath has also transferred its shareholding in Honey Builders Ltd, with whom the company has held joint development rights in this project to Supertech,

Parsvnath Developers

07 Sep 2014

Parsvnath plans to raise up to Rs 1,000 cr via debentures

Realty firm Parsvnath Developers plans to raise up to Rs 1,000 crore through private placement of non-convertible debentures and is also looking at selling non-core assets to reduce debt.

Parsvnath Developers

13 Jul 2014

Parsvnath to explore raising foreign funds as govt eases rules

The company is developing a commercial project on KG Marg near Connaught Place and a shopping mall at Rohini.

Parsvnath shares

25 Jun 2014

Parsvnath Developers' shares gain on land sale plans

Realty firm Parsvnath Developers Wednesday gained value in the stock market by about five percent on the back of plans for sale or development of land parcels worth Rs 1,000 crore in southern and western parts of the country.

24 Jun 2014

Parsvnath plans to sell Rs 1000 cr land parcels or form JVs

Parsvnath has completed 54 projects and it is currently working on 49 projects with a total area of 72 million sq ft.

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