Topic
aif
Finance Corporate Finance #puravankara#icici prudential
Puravankara to Divest Stake in Purva Ruby Properties to ICICI Prudential AIF for ₹145 Crore
Puravankara Limited will divest its stake in Purva Ruby Properties Private Limited to Prishal Office Parks III Private Limited for ₹145 crore. The buyer is owned by ICICI Prudential Office Yield Optimiser Fund – AIF II. The deal is not a related party transaction and is expected to close within 45 days. Purva Ruby's turnover contributed 1.06% to Puravankara's total turnover last fiscal.
Jun 26, 2026 1 source
Capital Markets #sebi#stock exchange buybacks
Sebi brings back stock exchange buybacks, clears faster fundraising route for AIFs
The Securities and Exchange Board of India (Sebi) has reinstated stock exchange buybacks and cleared a faster fundraising mechanism for alternative investment funds (AIFs), according to a report by the TOI Business Desk in The Times of India. The article also includes links to various financial calculators.
Jun 19, 2026 1 source