Oberoi Realty to Raise Rs 324 Cr via Preferential Issue of Shares

New Delhi: Oberoi Realty said on Friday that its board has approved raising of over Rs 324 crore via preferential issue of shares to Aranda Investments, an indirect subsidiary of Temasek Holdings. Mauritius-based Aranda Investments is a foreign portfolio investor and a wholly-owned indirect subsidiary of Temasek Holdings, the investment arm of the Singapore government. The company in a regulatory filing said its board has "approved...