Oberoi Realty Limited announced 4,000 number of non-convertible debentures, currently having a face value of INR 150,000 each, aggregating to INR 600,000,000 issued by the Company on private placement basis are listed on debt segment of BSE Limited under the above-mentioned Scrip Code and Scrip ID. The Board of Directors at its meeting held on May 23, 2025, approved full redemption on June 13, 2025 of the said Debentures aggregating to INR 600,000,000 pursuant to undertaking of the Cash Sweep Event.
Oberoi Realty Limited is engaged primarily in the business of real estate development and hospitality. The Company develops residential, commercial, retail, hospitality and social infrastructure projects. The Company’s Real Estate segment develops and sells residential properties and leases commercial properties. Its Hospitality segment is into the business of owning and operating the hotel. It has developed approximately 47 projects at locations across the Mumbai skyline aggregating about 13.65 million square feet of spaces. Its residential projects include Oberoi Splendor, Oberoi Splendor Grande, Prisma by Oberoi Realty, Elysian by Oberoi Realty, Esquire by Oberoi Realty, and others. Its commercial projects include Commerz, Commerz II, Commerz III, and others. Its hospitality project is The Westin Mumbai Garden City. Its retail project includes the Oberoi Mall. Its social infrastructure projects are Oberoi International School-OGC Campus and Oberoi International School-JVLR Campus.
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