Supertech Limited: Supertech to raise over Rs 1,200 cr for the completion of stuck projects

Realty developer Supertech will raise Rs 12,00-1,600 crore from OakTree financial to complete the stuck projects, Mohit Arora, Managing Director of the company told ET. Arora said that the Supreme Court has decided to not interfere in NCLAT order of June 2022, which allowed Supertech's promoters to raise funds on priority funding basis and complete the projects.