Sadbhav Infrastructure Project has raised Rs 550 crore by allotment of the Debentures on private placement basis. The company’s Board of Directors have approved allotment of 39,000 Unlisted, Unrated, Secured, Redeemable, Non-convertible Debentures of face value of Rs 1,00,000 each, aggregating up to Rs 390 crore, for cash at par, issued on a private placement basis. It also approved allotment of 16,000 Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures of a face value of Rs 1,00,000 each of an aggregate nominal value of up to Rs 160 crore, for cash at par, issued on a private placement basis.
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.
