Delta Corp announces entry into real estate:
Delta Corp Ltd's shares rose by 9% following the company's announcement of a ₹99 crore investment in Peninsula Land Ltd (PLL), marking its entry into real estate. PLL will issue 1,50,00,000 equity shares and 77,27,000 CCDs to Delta at ₹44 each. The joint venture, with a capital outlay of ₹250 crore, positions Delta as the majority stakeholder.