Delta Corp Limited — JV/Acquisition, 16-04-2025: Acquisition

Delta Corp Limited has converted ₹77.27 crore of 0% unsecured compulsorily convertible debentures into an equivalent number of equity shares in Peninsula Land Limited. This strategic move enhances Delta Corp's equity stake, potentially increasing its influence and operational synergies within the real estate sector. The conversion aligns with the company's growth strategy, emphasizing market expansion and shareholder value enhancement. The impact on shareholders could be positive as this shift may fortify Delta Corp’s financial position and streamline its operations in the competitive landscape.