Rights Issue19 Oct 2026, 06:20 pm
Sobha Ltd: Rights Issue Proceeds Utilization Report Filed
AI Summary
Sobha Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of funds from its Rights Issue. The report, prepared by ICRA Limited, confirms that there has been no material deviation in the use of proceeds as per the objects of the issue. The total net proceeds monitored for this quarter amount to ₹1984.25 Crore. The company has also made this information available on its website.
Key Highlights
- Monitoring Agency Report for Rights Issue filed for Q2 FY2027.
- No material deviation in utilization of Rights Issue proceeds.
- ICRA Limited appointed as Monitoring Agency.
- Net proceeds monitored for the quarter: ₹1984.25 Crore.
Price Impact
More from SOBHA