Sadbhav Engineering has raised Rs 16 crore through Senior, Secured, Unrated, Unlisted, Redeemable, Nonconvertible Debentures (NCDs) and allotted 1600 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 25, 2021 has allotted and approved the same.
Sadbhav Engineering mainly operates in three core businesses namely roads, mining and irrigation.