Aurobindo Pharma Promoters Raise ₹2,000 Crore via Auro Realty for Asset Acquisitions
🏗️ AUROPHARMA ’s promoter group has raised ₹2,000 crore through a two-tranche financing under their real estate arm, Auro Realty, to fund acquisitions, including the Taj Banjara asset in Hyderabad. The structure includes ₹650 crore (Series 1) with a 24-month tenor at 11.75%, and ₹1,450 crore (Series 2) with a four-year tenor at 15.5%.
The debt is backed by pledged promoter entities — Raidurgam Developers and Auro Realty — along with collateral valued over ₹2,500 crore and personal and corporate guarantees. Raidurgam Developers oversees the Galaxy Tower project in Hyderabad’s tech corridor. Lenders have exit routes via refinancing, project cash flows, and asset monetization.
#FundamentalViews#StockInNews
656 likes·49 comments

















