Sobha Ltd Raises Rs 270 Cr By Issuance Of NCDs

New Delhi: Sobha Ltd has raised Rs 270 crore by issuance of Non Convertible Debentures (NCDs) on private placement basis.

“We wish to inform that the Board of Directors at their meeting held on March 19, 2020, approved the issue of Secured Redeemable Non Convertible Debentures up to an amount of Rs.2,700,000,000 (Rupees Two Hundred Seventy Crore only) by way of private placement,” the company said in a regulatory filing. 

 

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