5/4/2024, 8:46:02 am

SP Group company raises Rs 505 crore debt from Asia Pragati

An entity promoted by Shapoorji Pallonji Group raised ₹505 crore from Asia Pragati Strategic Investment Fund to complete its existing projects and repay debt raised from other lenders, said people with knowledge of the matter. Ricardo Constructions, a wholly-owned company of the SP Group engaged in the constructing residential apartments, raised bonds from Asia Pragati Strategic Investment Fund.