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Sobha pledges 4.3 mn shares with Swiss bank

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BS Reporter Mumbai

Sobha pledges 4.3 mn shares with Swiss bank
BS Reporter / Mumbai November 18, 2008, 13:47 IST

Real estate developer Sobha Developers has pledged 4.3 million shares or about 5.9 per cent of its equity to Switzerland-based Bank Sarsin & Co.

Company in communique to stock exchanges has said, now bank holds 13.7 stakes in company through pledged shares.

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First Published: Nov 18 2008 | 1:47 PM IST

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