Brief: Kolte Patil Developers To Buy K2A Residential's Stake In Kolte-Patil Real Estate

Kolte-Patil Developers

26/06/2018 08:44

June 26 (Reuters) - Kolte Patil Developers Ltd  KOLT.NS :
    * KOLTE PATIL DEVELOPERS -ENTERED TRANSACTION TO PROVIDE AN
EXIT
TO K2A RESIDENTIAL, WHO HOLDS 49 PERCENT STAKE IN KOLTE-PATIL
REAL ESTATE
    * KOLTE PATIL DEVELOPERS - EXIT WILL BE PROVIDED FOR 575
MILLION
RUPEES, TO BE PAID OVER NEXT 6 MONTHS AND SERVICED THROUGH
INTERNAL ACCRUALS OF PROJECT

Source text - http://bit.ly/2Mobc61
Further company coverage:  KOLT.NS 

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