ALPHA TRIBE

Sobha LimitedOthers, 25-07-2025: Shareholders meeting

25-07-2025 | 09:31 pm

SOBHA Limited's 30th Annual General Meeting saw all proposed resolutions pass with significant shareholder approval. Key approvals include the adoption of the financial statements for the year ended March 31, 2025, and the declaration of a final dividend of ₹3 per equity share. Shareholders also approved the reappointment of Mr. Jagadish Nangineni as a director. Crucially, the plan to issue Non-Convertible Debentures on a private placement basis received strong endorsement (99.99% in favour), paving the way for the company to raise capital. Other approvals covered auditor appointments and remuneration.

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