●Mr. PNC Menon, an Indian-origin entrepreneur, secures the prestigious second position on the Forbes Oman Rich List.

●His achievement highlights his commitment to making India proud globally.

Kochi, 24th October 2023 — Mr. PNC Menon, a proud Indian-origin businessman, has secured the remarkable second position on the exclusive Forbes Oman Rich List, making him the only Omani citizen of Indian Origin to be featured on this prestigious ranking. His impressive success, both as an entrepreneur and philanthropist, is a testament to his unwavering commitment to showcasing India's excellence on a global stage.

The Forbes Oman Rich List, primarily focusing on wealth, has recognized Mr. Menon's remarkable accomplishments. This acknowledgment not only highlights his financial triumph but also underscores his sincere dedication to making a substantial and meaningful impact on the world, setting an inspiring example for aspiring entrepreneurs.

Mr. PNC Menon's incredible journey to becoming the second richest Omani is a testament to his business acumen and unwavering dedication to societal betterment. Hailing from the vibrant state of Kerala, South India, his roots are deeply embedded in the Indian culture and ethos.

Mr. Menon's unwavering commitment to philanthropy is equally commendable. He has generously willed 50% of his wealth to charitable causes, demonstrating his genuine desire to give back to society. Moreover, he actively leads the Corporate Social Responsibility (CSR) wing of SOBHA in India, ensuring that the organisation’s success contributes significantly to the betterment of the community.

Reflecting his entrepreneurial prowess, SOBHA’s strong real estate operations in India stand as a striking example of Mr. Menon's vision. As the only backward-integrated real estate company in the country, SOBHA has set industry benchmarks, showcasing excellence in project execution and sustainability. SOBHA is also a Harvard Business School case study for “Backward Integration” in real estate, with all the key competencies in-house to deliver a project across the real estate value chain, from conceptualization to completion. This remarkable achievement stands as a testament to the unwavering efforts and innovative approach of the entire team, underscoring their collective success.