Sadbhav Infra Appoints New Statutory Auditor, Approves AGM Notice

Sadbhav Infrastructure Project Ltd announced the outcome of its Board of Directors meeting held on September 5, 2026. The board recommended the appointment of M/s. O R Maloo & Co, Chartered Accountants, as the new statutory auditor, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This appointment fills a casual vacancy created by the resignation of the previous auditors. The board also approved the notice for the AGM scheduled for September 30, 2026. Additionally, the board considered the sale, transfer, disposal of assets, or entire shareholding in material subsidiaries, Sadbhav Maintenance Infrastructure Private Limited and Sadbhav Infra Solutions Private Limited, which could result in the cessation of control over these subsidiaries.