Supertech may sell some of its malls, hotels to raise over $150m

Supertech may sell some of its malls, hotels to raise over $150m

Photo: Mint

Realty firm Supertech Ltd plans to divest some of its shopping malls and hotels in smaller Tier-II cities and raise around Rs1,000 crore, which will be used to generate liquidity for the business and to reduce debt, a top company executive said.

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