Sobha Developers Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on January 29, 2010) regarding details of utilisation of net proceeds from issue of equity shares of the Company to qualified institutional buyers. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSECourtesy moneycontrol.com
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