Sadbhav Engineering has proposed to raise funds aggregating to Rs 190 crore through issuance of 1900 Unsecured, Listed, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10 lakh each on private placement basis.
Sadbhav Engineering is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.
