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Sadbhav Engineering gets nod to raise Rs 30 crore via NCDs

02 Jul 2021 Evaluate

Sadbhav Engineering has received an approval of the allotment of 3,000 Senior, Secured, Unrated, Unlisted, Redeemable, Nonconvertible Debentures (NCDs) to the Applicants totally aggregating to Rs 30 crore having Face Value of Rs 1,00,000 each on Private Placement basis. The Board of Director of the company has passed resolution through circulation on July 01, 2021 towards approval of the same.

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

Peers
Company Name CMP
Larsen & Toubro 3928.00
Kalpataru Projects 1412.20
NCC 136.00
Rail Vikas Nigam 211.60
KEC International 402.35
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