Credit rating agency, CARE has assigned rating of ‘A+’ to Sadbhav Infrastructure Projects’ Non?Convertible Debentures (NCDs) worth Rs 190 crore.
The board of directors of the company on June 06, 2018 will consider and approve allotment of these NCDs on Private Placement basis.
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.
