Sobha is planning to raise Rs Rs 270 crore through issuance of Secured Redeemable Non-Convertible Debentures (NCDs) on private placement basis. In this regards, the Board of Directors of company at their meeting held on March 19, 2020 has given approval the same.
Sobha is one of the fastest growing and foremost backward integrated real estate players in the country. It primarily focuses on residential and contractual projects.