Sobha Limited — Others, 02-07-2025: Shareholders meeting

Sobha Limited has announced a board meeting to seek shareholder approval for its 30th Annual General Meeting (AGM) conducted via video conferencing. Key agenda includes adoption of the financial results for the quarter and half-year, declaration of a final dividend of ₹3 per equity share, and reappointment of Mr. Jagadish Nangineni as director. Members will vote to appoint Nagendra D Rao & Associates LLP as Secretarial Auditors for five years and ratify remuneration of ₹2.3 lakh payable to Cost Auditors for FY 2024-25. The company also plans to raise up to ₹1,000 Cr through issuance of unsecured Non-Convertible Debentures on private placement to support business and project funding needs. The AGM facilitates remote e-voting, with detailed instructions provided to shareholders.