Parsvnath Seeks Shareholders' Nod to Raise Rs 1,000-Cr

New Delhi: Realty firm Parsvnath Developers has sought shareholders' approval to raise up to Rs 1,000 crore through private placement of non-convertible debentures (NCDs). In a notice of the annual general meeting (AGM), Parsvnath said that the "approval of the members is being sought by way of a special resolution...to enable the company to offer or invite  subscriptions for NCDs on a private placement basis, in one or more tranche...