StockWatch
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Civil Construction
Management Change13 Aug 2026, 08:40 pm

Sadbhav Engineering Appoints Two Independent Directors

AI Summary

Sadbhav Engineering Limited announced the appointment of Mr. Jaldeep Prakash Patel and Mr. Ankit Kishorbhai Shah as Additional Directors in the capacity of Non-Executive Independent Directors. The appointments are effective August 13, 2026, subject to shareholder approval at the upcoming General Meeting. The company also approved and adopted its standalone and consolidated Unaudited Financial Results for the quarter ended June 30, 2026, along with limited review reports. Additionally, the Board resolved to increase the authorized share capital from ₹50 Crores to ₹100 Crores and announced the 37th Annual General Meeting (AGM) on September 30, 2026.

Key Highlights

  • Two new Non-Executive Independent Directors appointed.
  • Unaudited financial results for Q1 FY27 approved.
  • Authorized share capital to be increased to ₹100 Crores.
  • AGM scheduled for September 30, 2026.
  • Limited review reports with modified opinions enclosed.