Sun Pharma helped Suraksha Realty raise funds at least thrice in 2 years, says report
Updated : January 22, 2019 08:27 AM IST
The report said that Sun has helped Suraksha through guarantees and loans.
The latest fundraising of Rs 100 crore for Suraksha Realty was through commercial paper and Shanghvi Finance, a major shareholder in Sun Pharma and owned by Dilip Shanghvi, pledged a part of its stake in the drug maker to help it raise funds, the newspaper said.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more