SADBHAV ENGINEERING LTD. - 532710 - Outcome Of Finance And Investment Committee Meeting Held On February 23, 2021
With reference to above, we hereby inform that the meeting of Finance and Investment Committee of the Company held on today i.e. Tuesday, February 23, 2021, has inter alia approved allotment of 4,000 (Four Thousand) Secured, Unrated, Unlisted, Redeemable, Non-convertible Debentures (NCDs) to the Applicants totally aggregating to Rs. 40,00,00,000/- (Rupees Forty Crores Only) having Face Value of Rs. 1,00,000 (Rupees One Lakh Only) each on Private Placement basis. Further, it is hereby informed that the Company has raised Rs. 40.00 Crores (Rupees Forty Crores Only) by allotment of the said NCDs on private placement basis.23-02-2021