Sobha Limited — Capital/Financing Update 2024

Feb 7, 2024

	SOBH.P~
	Annexure 1
Details as required under SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13,
2023:
Nameofthe target entity, details in brief suchas	c.v.s.Tech Park Private Limited
size, turnover etc.;	(Associate Company)
	DateofIncorporation:05/03/2018
	Turnover: Nil
Whether the acquisition would fall within related	Yes, the transaction would fall within
party transaction(s) and whether the promoter/	related party transaction. Being the
promoter group/ group companies have any	Associate Company, Promoters are
interest in the entity being acquired?Ifyes, nature	interested. Post this Acquisition C.V.S.
ofinterest and details thereof and whether the	Tech Park Private Limited will become a
sameisdone at "arm's length";	Wholly owned Subsidiary Companyof
	Sobha Limited. The company will acquire
	shares at Nominal value and the transaction
	will be done at arm's length;
Industrytowhich the entity being acquired	C.V.S. Tech Park Private Limited IS
belongs;	engaged in the BusinessofDeveloping
	Buildings/Properties.
Objects and impactofacquisition (including but	NA
not limitedto, disclosureofreasons for the
acquisitionoftarget entity,ifits businessis
outside the main lineofbusinessofthe listed
entity);
Brief detailsofany governmental or regulatory	None
approvals required for the acquisition;
Indicative time period for completionofthe acquisition Consideration - whether cash consideration or share swap or any other form and detailsofthe	The proposed investmentisexpectedtobe completed within the next three months. Cash BIJAN KUMAR DASH Digitally signed by BIJAN KUMAR DASH Date: 2024.02.07 16:52:33 +05'30'
same
Costofacquisition and/or the price at which the	Rs.10/- (Rupees Ten only) per share
shares are acquired;
Percentageofshareholding/control acquired	The Company holds 49% sharesofthe
and/or numberofshares acquired;	Company and will acquire remaining51%
	shares, which will make C.V.S. Tech Park,
	a wholly owned subsidiaryofSOBHA.
Brief background about the entity acquired in	C.V.S. Tech Park Private Limited
termsofproducts/lineofbusiness acquired, date	incorporated under the Companies Act,
ofincorporation, historyoflast 3 years turnover,	2013 (CIN: U45309KA2018PTC110697)
	on05/03/2018. C.V.S. Tech Park Private

country in which the acquired entity has the presence and any other significant information (in brief);	country in which the acquired entity has the presence and any other significant information (in brief);	SOBHA Limited has its registered officeatNo. 56, Second Floor, Sai Arcade, Opp Sarjapur Ring Road, Bangalore 56010 Bellandur BIJAN KUMAR DASH Digitally signed by BIJAN KUMAR DASH Date: 2024.02.07 16:53:00 +05'30'
		Bangalore South Bangalore Karnataka
		560103. The companyisengaged in the
		Business of Developing
		Buildings/Properties. Turnover details for
		the last three years are as follows:
		2023-NIL
		2022- NIL
		2021-NIL
		The company1scarrymg on business m
		India only.
FOR SOBHA LIMITED
	\l/
Bijan.,~r~arDash
Co pan	Secretary & Compliance Officer
ACS No.	17222