Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Oberoi Realty Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here AGM Held On 19/9/2017: Declaration Of Results And Scrutinizer's Report
AGM held on 19/9/2017: Declaration of results and scrutinizer's report September 14, 2017 Shall Be The Record Date For The Purpose Of Payment Of Dividend For FY2016-17.
September 14, 2017 shall be the record date for the purpose of payment of dividend for FY2016-17. AGM On September 19, 2017
Notice of Annual General Meeting to be held on September 19, 2017. Oberoi Realty shelves plans to float mall JV
Mumbai, 3 AugustMumbai-based Oberoi Realty has put off its plans to float a joint venture with private equity investors for its upcoming malls. It plans to use its internal cashflows and debt to invest in its upcoming malls instead.The company was in talks with investors, such as US-based Morgan Stanley, Singapore's GIC and others, to float a joint venture, which was to have a corpus of ~1,000 crore. Oberoi Realty was expected to hold about 75 per cent. When asked, Vikas Oberoi, chairman and managing director, said the company had enough cashflows to invest in its projects and, hence, did not need to go for external funding.Oberoi Realty had a debt of ~838 crore and cash and bank balance of ~352 crore as on March 31, 2017. "They can get debt at 7-8 per cent. Why to dilute equity and share rental income," said a source.According to sources, Oberoi is planning to build malls in Mumbai's Worli and Borivali areas. It already has an operational mall at Goregaon. "The company has plans to .. Oberoi New Delhi to reopen in January 2018, ahead of schedule
EIH Ltd, the company that runs the Oberoi group of hotels, will conclude the Rs 500-crore revamp of its flagship New Delhi property early next year Read more 