Ashok Piramal Group company, Peninsula Land has reported a 362% year-on-year growth in consolidated net profit for the quarter ended June. The company has delivered over 10.6 million sq. ft. of real estate across key Indian property markets including Mumbai, Pune, Bangalore, Lonavala, Nashik, and Go…

Peninsula Land records 362% jump in April-June net profit at Rs 60 crore

Peninsula Land registers net profit of ₹56 crore in March quarter, against loss of ₹53 crore a year ago

Peninsula Land turns profitable in FY23, slashes debt

NINtec Systems Ltd, Peninsula Land Ltd, Karma Energy Ltd and Shish Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 22 February 2023.

Suryalakshmi Cotton Mills Ltd leads gainers in ‘B’ group

Subsidiary staves off insolvency proceedings after reaching settlement with debenture holders

Peninsula Land to raise funds via preferential allotment

The settlement terms are unknown but Peninsula Land will have to meet certain payment milestones as the withdrawal of the insolvency petition is conditional. Peninsula Land and ICICI Prudential did not respond to queries until press time.

Debenture holders reach deal, withdraw insolvency plea against Peninsula Land

Career Point Ltd, Sharika Enterprises Ltd, Peninsula Land Ltd and Rudra Global Infra Products Ltd are among the other gainers in the BSE’s ‘B’ group today, 17 February 2023.

IZMO Ltd leads gainers in ‘B’ group

The debenture holders are being represented by their trustee Vistra ITCL, the custodian of the debentures and the collateral documents backing the debt instruments.

Debenture holders take realty firm peninsula land to national company law tribunal

Uniphos Enterprises Ltd, Shivalik Rasayan Ltd, Medicamen Biotech Ltd and Peninsula Land Ltd are among the other gainers in the BSE’s ‘B’ group today, 26 August 2022.

Aarvee Denims & Exports Ltd leads gainers in ‘B’ group

The company owes Rs 66.14 crore as principal to RBL Bank at a 12.5% interest rate, a principal amount of Rs 172 crore to the State Bank of India at 9.05% and Rs 18.63 crore to Axis Bank at a 9.75% interest rate as on December 30. All of these are secured loans, the company said in a regulatory filin…

Ashok Piramal Group’s Peninsula Land defaults on Rs 77.24-crore debt obligations

Universus Photo Imagings Ltd, Thinkink Picturez Ltd, Mahanagar Telephone Nigam Ltd and Cambridge Technology Enterprises Ltd are among the other losers in the BSE’s ‘B’ group today, 08 December 2021.