Sobha has raised Rs 50 crore through the allotment of 500 Unlisted, Redeemable, Secured, Non- Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each on Private Placement basis. The Investments and Borrowings Committee of the Board Directors at the meeting held on March 30, 2022 allotted the same.
Sobha is one of the fastest growing and foremost backward integrated real estate players in the country. It primarily focuses on residential and contractual projects.
