Sobha Limited has fixed Friday, July 10, 2026, as the record date to determine shareholder entitlement for a final dividend of ₹6 per equity share. The dividend, equivalent to 60% of the face value of ₹10 each, pertains to the Financial Year 2025-26 and will be paid within 30 days of the Annual General Meeting (AGM) if declared. The company has also established Saturday, July 11, 2026, as the cut-off date to ascertain voting eligibility for the AGM.

The 31st AGM is scheduled for Saturday, July 18, 2026, at 9.00 A.M. (IST) via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting will cover ordinary business, including the adoption of financial statements for the year ended March 31, 2026. Shareholders will vote on the ratification of remuneration for Cost Auditors M/s. Gudi Srinivasarao and Co., capped at ₹2,50,000 plus expenses for FY26.

Special business includes the re-appointment of Mr. Jagadish Nangineni as Managing Director for a five-year term from April 1, 2027, to March 31, 2032. The re-appointment of Mr. Raman Mangalorkar as a Non-Executive Independent Director for a second term of five years, effective from April 1, 2027, to March 31, 2032, is also on the agenda.

The board seeks approval to raise funds up to ₹1,000 crore through the issuance of Unsecured Non-Convertible Debentures (NCDs) or other instruments on a private placement basis. This authorization is valid for one year from the resolution date. Proceeds are earmarked for business investments, loan repayment, and general corporate purposes.

Remote e-voting facilities will be available from July 14, 2026, at 9.00 A.M. (IST) until July 17, 2026, at 5.00 P.M. (IST). Physical copies of the notice and annual report have been dispensed with in compliance with Ministry of Corporate Affairs and SEBI circulars, with documents sent electronically to registered members.

Sobha Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The filing, submitted pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's environmental, social, and governance (ESG) performance. The report includes an Independent Assessment Statement on BRSR Core conducted by BSI Group India Pvt. Ltd., confirming alignment with SEBI criteria.

The company reported a total workforce of 4,468 employees and 25,470 workers as of March 31, 2026. Women comprised 13.9% of the total employee count and 2.8% of the total workforce. The Board of Directors included seven members, with female representation at 14.3%. The report highlights that 100% of permanent employees are covered by health and accident insurance.

Environmental Initiatives

Sobha Ltd disclosed that it sources 80% of its electricity for corporate offices and facilities from solar energy. The company has commissioned rooftop solar installations of 225 kW and 750 kW at its Glazing and Interiors divisions. To manage water scarcity risks, the firm deployed smart water meters across all projects and implemented integrated rainwater harvesting systems.

The company implemented a 4R (Reduce, Reuse, Recycle, Recover) waste management strategy. Its Concrete Products Division is an authorized concrete waste recycling unit, where waste from external sources accounts for around 15% of raw materials. The report also noted the use of low-carbon blended cement (GGBS) and 60% PEFC-certified wood in interiors.

Governance and Targets

The company has established long-term ESG targets to be achieved by FY2030. These include reducing Scope 1 & 2 emissions by 10%, sourcing 15% of energy from renewable sources, and achieving 35% water recycled and reused. Safety goals include achieving zero Total Recordable Incident Rate (TRIR) and conducting 25,000 hours of safety training.

Financial and Operational Details

For the financial year 2025-26, the company reported a turnover of ₹53,676.64 million and a net worth of ₹46,892.32 million. Construction of residential and commercial projects accounted for 78.9% of the total turnover, while building completion and finishing services contributed 21.1%. The company operates 87 locations nationally, with no international operations included in the report data.