StockWatch
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Civil Construction
Board Meeting27 Aug 2026, 06:40 pm

Sadbhav Engineering Board Meeting on Sep 1, 2026 for Equity Issuance

AI Summary

Sadbhav Engineering Ltd has announced a Board of Directors meeting scheduled for September 1, 2026. The primary agenda items include considering and approving the issuance of equity shares on a preferential basis to lenders upon conversion of non-convertible debentures, as per a resolution plan and restructuring agreements. Additionally, the board will discuss the issuance of equity shares and warrants to the promoter group by converting existing unsecured loans. The meeting will also cover the 37th Notice for the upcoming Annual General Meeting (AGM). The trading window for the company's securities will be closed from August 27, 2026, until 48 hours after the board meeting outcome is submitted.

Key Highlights

  • Board meeting scheduled for September 1, 2026.
  • To consider preferential issuance of equity to lenders.
  • Approval for equity and warrants to promoter group.
  • Discussion on Annual General Meeting notice.
  • Trading window closed from August 27, 2026.