Post conversion of warrants into equity shares, promoters will hold 54.08 per cent stake in DB Realty, Pinnacle Investments 17.97 per cent and Godrej Properties 9.98 per cent, the filing said. Honours Bachelor of Science (HBSc) from the University of Toronto. padding: inherit; The board also approved raising of more funds through further issue of 12.7 crore warrants, of which 5.7 crore will be to Pinnacle Investments, 5 crore to Godrej Properties and 2 crore warrants to its promoters. We all scream for ice cream! Law Firm marketing by Alchemy Marketing. An amount equivalent to at least 25% of the warrant issue price shall be payable at the time of subscription and allotment of each warrant and the balance shall be payable by the warrant holder on the exercise of the warrant at any time within a period of 18 months from the date of allotment, the company adds. This comes days after Godrej Properties abandoned its plan to invest 400 crore in DB Realty for about 10% stake after brokerages ICICI Securities and CLSA cut its stock price targets, calling the proposed deal as unwarranted. Irfan Razack is the chairman of Bengaluru-based realty firm Prestige Estates Projects Ltd. Prestige Group and DB Realty have tied up to develop a few projects in Delhi-NCR and Mumbai Metropolitan Region (MMR) markets. She is often consulted or brought on as co-counsel on files in other divisions given her expertise and litigation experience. Use tab to navigate through the menu items. We work with businesses to help them overcome hurdles and developclear strategiesfor achievingsuccess. border: solid ; All rights reserved. The Mumbai-based realty firm will issue 10 million warrants to Rekha Jhunjhunwala and 10 million warrants to RARE Enterprises, which is owned by Rakesh font-size: ;
Pick up 2 cartons of Signature SELECT Ice Cream for just $1.49 each with a new Just for U Digital Coupon this weekend only through May 24th. He is the Chairman and Managing Director of Prestige Group, one of the reputed property developers in India. WebProperty Owner: Razack Family Trust: Address: 2332 W Glendale Ave: City: Phoenix: State: Arizona: Zip Code: 85021: Account ID: MC-157-25-070: Land Use Code: WEST In Pinnacle Investments, Razack Family Trust holds 60 per cent stake and Venkata Narayana Konanki 40 per cent. and has a legal description provided by the local assessor of WEST HAVEN. Selecta - Ang Number One Ice Cream ng Bayan! In addition to her JD degree, Ms. Razack holds a Master of Public Health (MPH) from the University of California Los Angeles (UCLA) and an Honours Bachelor of Science (HBSc) from the University of Toronto. The realty developer, which has a portfolio of more than 100 million sq. Proud of our close community involvement and growthstrategies in NYC, Razack Group LLC proudly serves the small business community, national, and multinational corporations. Razack obtained a Juris Doctor (JD) degree from Osgoode Hall Law School. ), Email: info@devdiscourse.com Phone: +91-720-6444012, +91-7027739813, 14, 15, Updated: 03-02-2022 20:33 IST | Created: 03-02-2022 20:33 IST, Mumbai Indians trounce Gujarat Giants by 143 runs in WPL opener, Chhattisgarh govt will carry out survey of beneficiaries for housing scheme if Centre doesn't: Baghel, US: Fiery tanker crash kills driver, burns Maryland homes, Indian Army recovers 7 kg narcotics, foreign currency in J-K's Poonch. WebShares held by as on June 30, 2022. Razack Family Trust holds 60 per cent and Venkata Narayana Konanki 40 per cent in partnership firm Pinnacle Investments, the notice said. The partnership firm is .dt-shortcode-soc-icons a.soc-icons-b77911eb44cedc954b331bd16ce2bf11 .soc-font-icon, 7,753 talking about this. } razack family trust's portfolio and holdings As per corporate shareholdings filed for December 31, 2022, razack family trust publicly holds 1 stocks with a net worth Selecta Ice Cream has a moreish, surprising history. When you join Family Trust, you're not just a member of the credit union, you're an owner. .dt-shortcode-soc-icons a.soc-icons-b77911eb44cedc954b331bd16ce2bf11:hover { Select a product type: Ice Cream Pints. min-width: ; Yearly Prestige Estates Projects Ltd. Rs (in Crores) INCOME: Net Sales Turnover: 4054.20: 2441.10: Other Income: 174.40: 138.20: Is Prestige Group sold? In a regulatory filing, D B Realty said its board has alloted 13.05 crore warrants to its promoters and Pinnacle Investments, which is a partnership firm between Prestige group promoter Razack Family Trust and Prestige group CEO Venkata Narayana Konanki. which is largely owned by the Razack Family Trust, the promoter DB Realty already has a large existing relationship with Prestige Group and this new venture with the GPL will lead to immense value unlocking for the shareholders, he added. There are a several projects in NYC our company is currently overseeing. It means we put your interests first, even ahead of our own. The Mumbai-based realty firm will issue 10 million warrants to Rekha Jhunjhunwala and 10 million warrants to RARE Enterprises, which is owned by Rakesh Jhunjhunwala, according to its stock exchange filing. To buy a copy, visit Amazon. He is also Chairman at The International Bank Note Society and on the board of 55 other companies. Age : 69. Natasha Razack is the head of the family law division at Himelfarb Proszanski. Vision.