SOBHA MENON
Sobha Ltd aims Rs 10,000 crore increase in equity capital over next 5 years
After the Rs 2,000 crore rights issue, the company’s equity base will increase to Rs 4,500 crore. Earlier this year, the board of Sobha Ltd approved raising Rs 2,000 crore through a rights issue to increase the equity of the company and fund the growth.
Sobha Group to set up Rs 900-crore endowment university in Dubai
As per the agreement, Sobha Realty will construct and develop a Rs 900 crore university campus building in Dubai over a period of four years, marking one of the UAE’s largest charity donations.
Sobha Group to give away 1000 homes to women-led underprivileged families in Kerala
Sri Kurumba Educational and Charitable Trust, led by PNC Menon and Sobha Menon, launched Griha Sobha 2024, providing secure homes to underprivileged families. The recent ceremony marked the handover of 100 homes to women-led households, with plans to build 1000 homes by 2030. Dignitaries, including the Kerala State Ministers, MLAs, MPs, and other esteemed guests graced the occasion underscoring the Trust's dedication to holistic social development and sustainability.
Sri Kurumba Educational and Charitable Trust to give away 1000 homes to underprivileged families in Palakkad district
The Sri Kurumba Educational and Charitable Trust plans to give away 1000 homes in Palakkad to address inadequate housing for underprivileged families. The project, called Griha Sobha 2024, aims to provide housing security and holistic social development. In the recent inauguration event, the first set of 100 homes were handed over to eligible beneficiaries at no cost.
Sobha Group founder pledges Rs 1,000 cr for Sabarmati riverfront development in Ahmedabad
The corporation had approved concept planning and design of Phase-2 in October 2020. Phase-2 of Sabarmati Riverfront Project involves 5.8 kilometre addition to existing 11.5 km stretch of Riverfront East, upto Indira bridge, and another 5.2 km addition to existing 11.5 km stretch of Riverfront West, up to Indira bridge.
Sobha shareholders reject two remuneration proposals
About 88.6% of the institutional investors voted against the first resolution, while 86.3% opposed the other. As the number of votes cast in favour of the special resolution is not more than three times the number of votes cast against the special resolution, the said resolutions have not been passed by the shareholders, the company said in a regulatory filing.
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Bigg Boss Malayalam season 5: Contestants list, date, time, host, and live streaming information
Bigg Boss Malayalam's fifth season is on the horizon, and the word is already out. Here's a rundown of the season 5 premiere date, the host's identity, and details such as when and where to catch the show.
Buy Sobha, target price Rs 750: ICICI Direct
The consistency in sales volumes, collections and debt reduction is likely to be a key trigger for a rerating.
Kotak Institutional Equities maintains add on Sobha, fair value at Rs 515
Sobha delivered an improved operational performance with 1.1 million sq ft of sales volume in the third quarter for sales value of Rs 730 crore.
Buy Sobha, target Rs 495: Kunal Bothra
Buy Sobha Ltd. at a price target of Rs 495.0 and a stoploss at Rs 467 from entry point.
Buy Sobha, target Rs 500: Manas Jaiswal
Buy Sobha Ltd. at a price target of Rs 500.0 and a stoploss at Rs 460 from entry point.
Sobha gains over 2% on plans to invest in GIFT City
Sobha will develop nearly 1,000 apartments in this project.
Nilekanis pledge half of their wealth for philanthropy
The only other Indians to have signed the Giving Pledge are Azim Premji of Wipro, Kiran Mazumdar-Shaw of Biocon and PNC Menon of Sobha Developers.
Buy Sobha, target Rs 450: Kunal Bothra
Buy Sobha at a price target of Rs 450 and a stop loss at Rs 390 from entry point.
Sobha surges 6% intraday on low level buying; Should you buy?
On the BSE, 1.03 lakh shares were traded in the counter so far, compared with average daily volumes of 6.63 lakh shares in the past one quarter.
Sobha shares tumble over 8% after promoter sells stake
According to the data, Adawi Investments Holdings picked up 41.6 lakh shares of the company at the same average price.
Fifteen stocks in focus on Monday, 10 April 2017
Religare Enterprises on Sunday announced it will sell its entire 80 per cent stake in Religare Health Insurance
Promoter sells 4.15% stake in Sobha
Sobha Menon held four crore shares or 41.9% in the Bengaluru-based developer as of March.
Sobha Group launches ‘Sobha Hartland’ in Dubai
Sobha Group launches mixed used development project, Sobha Hartland in Mohammed Bin Rashid Al Maktoum City, Dubai, located in the epicentre of Dubai.
Sobha Limited forays into Commercial Space with launch of Thrissur project
In the last 20 years Sobha has built a premium reputation for quality, aesthetics and timely delivery in the residential and contractual space.
Sobha Group to set up residential projects in London
Realty firm Sobha Group plans to expand its international footprint in the European market by setting up residential projects in central London.
Sobha Developers Forays Into Mid Segment Homes
The second largest real estate firm of Bangalore also plans to replicate similar model in other cities like Chennai and NCR.
Realty firm Sobha lines up Rs 3,500 cr for new housing project
Realty firm Sobha will invest about Rs 3,500 crore over the next 7-8 years to develop a mid-income housing project in the city.
Sobha Group signs deal with Doha Bank
The facility was arranged by Doha Bank with a five-year tenor and will enable Sobha Group to fund its expansion plans in Dubai.
Sobha Group signs deal with Doha Bank
Sobha Group is a multi-national, multi-product group with significant developments and investments in the UAE, Oman, Qatar, Bahrain, Brunei, Tanzania, India and China.
CSR project: Sobha Group’s PNC Menon developing Kerala’s Palakkad region & educating children
The Palakkad project will benefit 2,500 poor families and the Dubai project will build 1,500 luxury residences.
Sobha Developers net profit jumps 14% for FY 2012
Sobha Developers reported a 14% rise in net profit at Rs 206 crore in 2011-12 fiscal and elevates Ravi Menon as co-chairman.
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