Keppel’s Paraiba acquires India-based Pune Kharadi Tower

The corporation acquired it with a paid capital of $162 (INR10,000).

Keppel Land Limited’s wholly-owned subsidiary Paraiba Limited acquired Pune Kharadi Tower Private Limited to boost real estate services.

In a bourse filing, Keppel Corporation said the paid-up capital for the tower is at $162 (INR10,000).

It said the above transaction is not expected to have material effect on earnings per share and net tangible asset per share for the fiscal year ending 31 December 2023.

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Keppel Corporation

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