Board Meeting20 Jul 2026, 04:29 pm
Sobha Ltd Board Approves Q1 FY27 Unaudited Results & ₹1000 Cr NCD Issue
AI Summary
Sobha Limited's Board of Directors met on July 20, 2026, to approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The board also approved the issuance of Non-convertible Debentures (NCDs) aggregating up to ₹1,000 crore (Indian Rupees One Thousand Crore Only) on a private placement basis. The Investments and Borrowings Committee has been authorized to finalize the terms and conditions for the NCD issuance.
Key Highlights
- Board approved Q1 FY27 standalone and consolidated unaudited financial results.
- Approved issuance of Non-convertible Debentures (NCDs) up to ₹1,000 crore.
- NCDs will be issued on a private placement basis in tranches.
- Investments and Borrowings Committee authorized to finalize NCD terms.
Price Impact
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