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Parsvnath News

Shell companies

09 Aug 2017

Sebi crackdown on shell companies: J Kumar Infra, Parsvnath move SAT against market regulator's order

J Kumar Infraprojects, Parsvnath, and others have moved SAT against Sebi terming them as 'shell companies'.

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.

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).

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.

06 Feb 2015

Parsvnath gets Rs 572 cr back from Chandigarh Housing Board

Last month, a sole arbitrator had directed the Chandigarh Housing Board (CHB) to repay the amount to Parsvnath, while the realty firm was asked to surrender 124 acres 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.

21 Sep 2014

Parsvnath sells 140 acres of land to Supertech for Rs 665 cr

With this deal, Kotak Realty Fund has exited this township project. It had invested Rs 110 crore in the project in 2012.

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,

27 Jun 2014

Midcap crash: Sebi revokes orders against 8 entities

Sebi has revoked its orders that had barred eight entities from the capital markets in a matter related to sharp plunge in share prices of some mid-cap stocks such as Parsvnath, Tulip Telecom and Pipavav Defence.

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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