PROJECT

Projects

Summary of Investment Information

Project Number

34628

Company Name

SHAPOORJI PALLONJI AND COMPANY PRIVATE LIMITED

Date SPI Disclosed

Nov 13, 2014

Country

India

Region

South Asia

Projected Board Date

Dec 31, 2014

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Regional Industry - MAS Asia & Pac

Industry

Tourism, Retail and Property

Previous Events

Approved : Jun 11, 2015
Signed : Jun 29, 2015
Invested : Nov 12, 2015

Sector

Construction and Real Estate

Project Description

Shapoorji Pallonji And Company Limited (“SPCL”) is in the civil construction and real estate development business.

SPCL plans to raise up to US$200 million to establish a platform that will develop 15-17 million square feet of affordable
housing projects across India over the next 8 years. SPCL will contribute 30% of the capital, and investors, including IFC will
contribute the rest.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation