Shivalik Group Receives Sebi Approval For Aif, Real Estate News, ET RealEstate

February 9, 2024
1 min read
Shivalik Group Receives Sebi Approval For Aif, Real Estate News, ET RealEstate


<p>Representative Image</p>
Representative Image

AHMEDABAD: Ahmedabad-based real estate developer Shivalik Group has received regulatory approval from Securities and Exchange Board of India (Sebi) for its first fund- Shivalik Investment Fund as a Category II AIF (Alternative Investment Fund).

The proposed AIF aims to raise up to Rs 300 crore through private placement, including Rs 150 Crore Green Shoe Option exercisable at the discretion of the investment manager. tnn

  • Published On Feb 9, 2024 at 09:10 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App
realty barcode



Source link

curationteam

Curation Team will curate content from different sources and present for you. We will not edit any content. Source link is provided for the source from where its received .

Leave a Reply

Your email address will not be published.

‘no Ltcg Tax If Property Redeveloped Within 3 Years’, Real Estate News, ET RealEstate
Previous Story

‘no Ltcg Tax If Property Redeveloped Within 3 Years’, Real Estate News, ET RealEstate

Stamp Duty Sop For Property Transfer Through Gift Deeds, Real Estate News, ET RealEstate
Next Story

Stamp Duty Sop For Property Transfer Through Gift Deeds, Real Estate News, ET RealEstate

Latest from Blog