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Sadbhav Infrastructure Project raises funds via NCDs
Apr-23-2018

Sadbhav Infrastructure Project has raised Rs 170 crore via Non‐convertible Debentures (NCDs). The company has allotted 1,700 senior, taxable, secured, rated, listed, redeemable, NCDs to the applicants totally aggregating to Rs 170 crore having face value of Rs 10 lakh each on Private Placement basis. The Finance and Investment Committee of the company at its meeting held on April 23, 2018 approved the same.

Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects. The company, a subsidiary of Sadbhav Engineering (SEL), was incorporated in 2007 as a developer and operator for highways, road and related projects on a BOT basis.

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