FilingReader Intelligence

Sobha reports rights issue fund utilization deviation

July 25, 2025 at 01:39 PM UTC•By FilingReader AI

Sobha Limited raised INR 1,999.03 crore from its rights issue, utilizing INR 1,686.52 crore by June 30, 2025.

The company used only INR 107.31 crore for project expenses against an allocated INR 212.36 crore, and INR 29.49 crore for equipment and machinery against an allocated INR 210.03 crore. INR 905.00 crore was used for debt repayment as planned.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Sobha Limited has informed the stock exchange about the statement of deviation(s) and variation(s) under regulation 32 of SEBI LODR Regulations, 2015, related to Rights Issue.July 25, 2025 at 01:25 PM UTC

Sobha

BSE:SOBHA•Bombay Stock Exchange

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