Sobha Limited agreed to acquire the remaining 51% stake in C.V.S. Tech Park Private Limited.

Sobha Limited is an India-based real estate developer. The Company is engaged in the business of construction, development, sale, management and operation of townships, housing projects, commercial premises and other related activities. The Company operates through two segments: Real estate segment, and Contractual and manufacturing segment. Its real estate segment is engaged in the business of construction, development, sale, management and operation of all or any part of townships, housing projects and other related activities. This segment also includes leasing self-owned commercial premises. It builds presidential apartments, villas, row houses, luxury and super luxury apartments, plotted development, and aspirational homes. Its Contractual and manufacturing segment comprises development of commercial premises and other related activities, also includes manufacturing activities related to interiors, glazing and metal works and concrete products.