
Sadbhav Infrastructure Approves Unaudited Results, Appoints Directors
Sadbhav Infrastructure Project Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the appointment of Mr. Jaldeep Prakash Patel and Mr. Ankit Kishorbhai Shah as Additional Directors (Non-Executive Independent). The company also discussed and approved the sale, disposal, and lease of assets, including pledge of shares, for its material subsidiaries: Sadbhav Hybrid Annuity Projects Limited (SHAPL), Maharashtra Border Check Post Limited (MBCPNL), Sadbhav Nainital Highway Limited (SNHL), Sadbhav Rudrapur Highway Limited (SRHL), and Sadbhav Vidarbha Highway Limited (SVHL). Additionally, the resignation of statutory auditors, M/s. SGDG & Associates LLP, was approved. The company also announced the date for its 20th Annual General Meeting on September 30, 2026.
Key Highlights
- Unaudited financial results for Q1 FY27 approved.
- Two new Non-Executive Independent Directors appointed.
- Approvals for asset disposal and share pledge in subsidiaries.
- Resignation of statutory auditors accepted.
- AGM scheduled for September 30, 2026.
Price Impact
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