As per rating rationale report, the rating on the proposed Rs1400 crore NCDs is provisional and the final rating is subject to the following documentation requirements:
The timely commencement and completion of TARC’s key real estate projects will continue to remain a rating monitorable, said rating agency.
At around 12:55 PM, TARC stocks was trading at Rs39.30 per piece higher by 0.64% on the BSE.
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