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DB Realty rallies after it repays part of loan

Source : REUTERS
Last Updated: Mon, Feb 18, 2013 06:59 hrs
DB Realty says to look at PE funding for some projects

DB Realty Ltd shares gain as much as 4.4 percent on Monday after the ICICI Bank released a part of controlling stakeholders' pledged shares after the property developer repayed a portion of its loan from the bank.

DB Realty has seen shares equivalent to 11.04 percent of its paid up capital returned to the property developer, according to an exchange filing.

DB Realty shares gain 1.1 percent.

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