Peninsula Land Limited
Peninsula Land is an integrated real estate company. It is a part of the Ashok Piramal Group. The co is engaged in developing retail ventures, commercial projects and residential complexes.
What Peninsula files
- Others51
- Important12
- Board Meeting8
- Updates7
- Credit Ratings5
- QIP/Rights/Pref.1
Peninsula Land is informing shareholders about its 154th virtual AGM, with access links for the Annual Report being sent to those without registered emails. Shareholders holding physical shares are reminded to update KYC details for electronic payments.
Peninsula Land, via its RE Platform entity, launched ‘Alibaug ONE’ under Peninsula Estates, a plotted development project in Alibaug. Offering 92 exclusive plots starting at Rs. 2.39 Cr+, it focuses on clear titles and luxury amenities, targeting generational wealth amidst projected 4x land value growth.
Peninsula Land fully repaid all its outstanding Optionally Convertible Debentures (OCDs) totalling Rs. 150 Cr, including the recent Rs. 37.50 Cr Tranche B. This debt reduction strengthens the balance sheet and results in a nominee director stepping down.
Peninsula Land was fined 0.084 Cr (excl. GST) by BSE for non-compliance after its waiver request was rejected. The company plans to pay the fine and appeal, stating no material impact on its financials or operations.
Peninsula Land has initiated redemption for Rs 112.5 Cr of Tranche A Optionally Convertible Debentures (OCDs). A further Rs 37.5 Cr of Tranche B OCDs will also be redeemed, reducing the company's liabilities.