Sadbhav Infra Board Approves Auditor Appointment, Subsidiary Disposal

Sadbhav Infrastructure Project Ltd's Board of Directors met on September 5, 2026. Key outcomes include the recommendation to appoint M/s. O R Maloo & Co. as the new statutory auditor, subject to shareholder approval. The board also approved the sale, transfer, or disposal of assets exceeding 20% of material subsidiaries, Sadbhav Maintenance Infrastructure Private Limited and Sadbhav Infra Solutions Private Limited, potentially leading to a cessation of control. Additionally, the notice for the Annual General Meeting (AGM) scheduled for September 30, 2026, was approved.