DB Realty gains 4% after co repays part of loan

DB Realty shares gained as much as 4.4 percent on Monday after the ICICI Bank released a part of controlling stakeholders’ pledged shares after the property developer repayed a portion of its loan from the bank.

[caption id=“attachment_629341” align=“alignleft” width=“380”] Reuters[/caption]

DB Realty has seen shares equivalent to 11.04 percent of its paid up capital returned to the property developer, according to an exchange filing.

DB Realty shares gain 1.1 percent as of 12.11 pm.

Reuters