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Sadbhav Engineering raises Rs 24 crore through NCDs

18 Mar 2021 Evaluate

Sadbhav Engineering has raised Rs 24 crore through Senior, Secured, Unrated, Unlisted, Redeemable, Non-convertible Debentures (NCDs) and allotted 2,400 NCDs having face value of Rs 1,00,000 each on Private Placement basis. The meeting of Finance and Investment Committee of the Company held on March 17, 2021, has approved the same.

Sadbhav Engineering mainly operates in three core businesses namely roads, mining and irrigation.

Peers
Company Name CMP
Larsen & Toubro 3656.00
Kalpataru Projects 1393.80
NCC 123.80
Rail Vikas Nigam 196.50
KEC International 356.50
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