Sadbhav Engineering auditor resigns due to reduced operations

Sadbhav Engineering Limited announced the resignation of its statutory auditor, M/s. Manubhai & Shah LLP, effective November 4, 2026. The resignation is attributed to a significant reduction in the company's operational activities. The board also approved the standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026, along with a limited review report with a modified opinion. The auditor cited their firm's client acceptance and continuance policy as a reason for resignation, given the reduced operations and matters stated in the qualified opinion on financial statements.