On 21 September 2016
Sadbhav Infrastructure Project announced that Board of Directors of the Company has passed resolution through circulation on 21 September 2016 towards approval of the allotment of 2000 (Two Thousand) senior, taxable, secured, rated, listed, redeemable, non-convertible debentures totally aggregating upto Rs. 200 crore having face value of Rs. 10 lakh each under Tranche I comprising of the Series I Debentures, Series II Debentures, Series III Debentures and Series IV Debentures, of Rs. 50 crore each.Further, it is hereby informed that the Company has raised Rs. 200 crore (under Tranche 1 by issue of said NCDs on private placement basis.
The said NCDs will be listed on 'Wholesale Debt Market' segment of the BSE Limited.
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