Sobha Developers Ltd has informed BSE that the Company have received the LOI from Roots Corporation Ltd., for supplying loose furniture (Bed, Table, chairs etc) and mattresses for their GINGER HOTELS in the country. The order will be completed in a phased manner over a period of 18 to 24 months.

Roots Corporation is a new corporate client added to the Company's existing loose furniture business apart from existing client base.