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Sadbhav Infrastructure Project gets nod to raise Rs 700 crore via NCDs

29 Jan 2021 Evaluate

Sadbhav Infrastructure Project has received an approval for the issuance of non-convertible debentures (NCDs) amounting up to Rs 700 crore on a private placement basis in one or more tranches / series. The Board of Directors of the company at their meeting held on January 28, 2021 has considered and 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.

Peers
Company Name CMP
Larsen & Toubro 3629.90
Kalpataru Projects 1417.95
NCC 123.30
Rail Vikas Nigam 192.80
KEC International 362.70
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