Sobha Limited has submitted its Monitoring Agency Report for the quarter ended December 31, 2025, as required by SEBI regulations. The report, issued by ICRA Limited, confirms that the utilization of proceeds from the company's Rights Issue is in line with the objects of the issue, with no deviation observed.

The Rights Issue, which opened on June 28, 2024, and closed on July 04, 2024, had an issue size of ₹1999.028 crore. As of December 31, 2025, the net proceeds credited to the account stood at ₹1984.250 crore. The report details the utilization of these funds across various objectives, including repayment of borrowings, funding project expenses, purchase of equipment, and general corporate purposes.

As of the end of the quarter, a total of ₹1744.564 crore had been utilized, with ₹254.464 crore remaining unutilized. The unutilized amount is primarily deployed in fixed deposits with various banks, earning interest. The company confirmed that all objectives are on schedule with no delays reported.