Sadbhav Infrastructure Project has received approval to raise funds through issue of Secured/Unsecured Non-Convertible Debentures (NCDs) and/or other Debt Securities on private placement basis in one or more tranches, if required, within the overall borrowing limits of the company in the period of next twelve months.
The Board of Directors of the company at their meeting held on August 8, 2018, approved the same.
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.
