equity capital

Sobha Ltd aims Rs 10,000 crore increase in equity capital over next 5 years

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Sobha Ltd aims Rs 10,000 crore increase in equity capital over next 5 years

Sobha, the Indian arm of the Dubai-based Sobha Group, plans to increase its equity capital to Rs 10,000 crore over five years to support growth, including expansion into new markets, with an initial target of Rs 2,000 crore through a rights issue this fiscal year, said as disclosed by a senior company official. After the … Read more

Indiabulls Housing Finance: By FY26 end, expect to disburse Rs 3,000 crore a month; ROE at 15% by FY27: Gagan Banga, Indiabulls Housing Finance

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Indiabulls Housing Finance: By FY26 end, expect to disburse Rs 3,000 crore a month; ROE at 15% by FY27: Gagan Banga, Indiabulls Housing Finance

Gagan Banga, VC & MD, Indiabulls Housing Finance, says: “We have now reached a stage where over the last four to six quarters, we stabilised the overall business, scaled up the retail disbursals and whatever are the targeted segments for growth, the disbursals around that are coming along at a good pace. At this point … Read more