ReferIndia News SOBHA Limited Reports Compliant Rights Issue Proceeds Utilization in Q3FY26 Monitoring Report

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SOBHA Limited Reports Compliant Rights Issue Proceeds Utilization in Q3FY26 Monitoring Report

Published on: Jan. 16, 2026, 7:05 p.m. | Source: scanx.trade

SOBHA Limited's Q3FY26 monitoring report shows compliant utilization of ₹1,984.25 crore rights issue proceeds with no deviations. The company has utilized ₹1,744.56 crore, including complete repayment of ₹905.00 crore borrowings and ₹632.09 crore for general corporate purposes. Unutilized funds of ₹252.74 crore are invested in fixed deposits earning 3.25%-7.30% returns, with ICRA Limited confirming adherence to offer document objectives.

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