Credit rating agency, CARE Ratings has assigned rating to Sadbhav Infrastructure’s Non-Convertible Debenture (NCD) worth Rs 360.00 crore. The rating agency has assigned ‘A+ (SO)’ rating to the said instrument with Stable outlook.
Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects. The company, a subsidiary of Sadbhav Engineering (SEL), was incorporated in 2007 as a developer and operator for highways, road and related projects on a BOT basis.