Orbit Corporation Ltd has informed BSE that pursuant to an Investment Agreement dated January 27, 2010, IL&FS Trust Company Ltd., IIRF India Realty X Ltd., Moltana Holdings Ltd., (collectively, "Investors"), have agreed to make an investment of upto 165,00,00,000/- (Rupees One Hundred Sixty Five Crores only) in Orbit Highcity Pvt. Ltd. a wholly owned subsidiary Company of the Orbit Corporation Ltd., Mumbai. The said Investment would be used to develop township projects at Mandwa in Mumbai Metropolitan Region.
Source: BSECourtesy moneycontrol.com
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