Sadbhav Infrastructure Project Ltd

Sadbhav Infrastructure Project Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with SEBI regulations and the company's internal code of conduct, and is necessary for the declaration of Unaudited Financial Results for the quarter ended June 30, 2026. The trading window will be closed from July 1, 2026, and will reopen 48 hours after the financial results are declared. All company insiders have been advised against trading during this period.

Sadbhav Infrastructure Project Ltd. announced the appointment of Mr. Kaivan Vora as the Chief Financial Officer (CFO), effective May 27, 2026. This decision was made based on the recommendation of the Nomination and Remuneration Committee. Mr. Vora brings over 18 years of experience in corporate finance, treasury management, and project finance across infrastructure, banking, and pharmaceutical sectors. The board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with a modified opinion from the auditors.

Sadbhav Infrastructure Project Ltd's board of directors addressed the fine imposed by stock exchanges (NSE and BSE) for non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board decided the company will pay the fines specified by the exchanges. The company is actively seeking a suitable candidate for the director post to ensure compliance with the regulations.

Sadbhav Infrastructure Project Ltd has authorized Directors and Key Managerial Personnel (KMPs) for determining the materiality of events and information, as well as for making disclosures to stock exchanges, in compliance with Regulation 30 (5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This authorization follows the appointment of Mr. Kaivan Vora as CFO and supersedes earlier intimations. The authorized personnel include Mr. Shashin V. Patel (Chairman & Whole Time Director), Mr. Kaivan Vora (CFO), and Mr. Kedar Pandya (Company Secretary).

Sadbhav Infrastructure Project Ltd has scheduled a Board of Directors meeting on May 27, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window is closed from April 1, 2026, and will reopen 48 hours after the declaration of financial results.

Sadbhav Infrastructure Project Ltd has announced the closure of the trading window for the quarter and year ended 31-03-2026. The closure will begin from 1st April, 2026 and will reopen after 48 hours from the declaration of the Audited Financial Results. This decision is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the Company's Code of Conduct. All Insiders of the Company have been advised not to trade in the securities of the Company during the closure period.

Sadbhav Infrastructure Project Limited announced its standalone and consolidated unaudited financial results for the quarter and nine months ended on 31st December 2025. The company reported a loss of INR 1,199.67 crore for the quarter and INR 1,569.29 crore for the nine-month period. Legal disputes with the National Highways Authority of India (NHAI) over toll collection suspension and termination of concession agreements are ongoing, with a total claim amount of INR 19,379.20 Million and INR 19,287.10 Million for two subsidiaries, Rohtak Panipat Tollway Private Limited (RPTPL) and Rohtak Hissar Tollway Private Limited (RHTPL) respectively. The company has not made any provision for impairment in the carrying value of investments, subordinate debts, loans, and advances for both subsidiaries.

The Board of Directors of Sadbhav Infrastructure Project Ltd. discussed the matter of non-compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 in its meeting held on February 12, 2026. The company has already paid the fines imposed by the National Stock Exchange of India Ltd. and BSE Ltd. Following the appointment of Mr. Siddharth Vyas as non-executive director and Mr. Kedar Pandya as company secretary and compliance officer, the company has ensured compliances under the said regulations.

Sadbhav Infrastructure Project Ltd has announced that its Board of Directors will meet on February 12, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended 31 December, 2025. The meeting will also consider other business matters. In line with the Company's Code of Conduct for Prevention of Insider Trading, the Trading Window for dealing in the Securities of the Company is closed from 1st January, 2026 and will re-open after 48 hours from the declaration of Financial Results.

Catalyst Trusteeship Ltd, acting as Debenture Trustee on behalf of Debenture Holder(s) of Sadbhav Gadag Highway Private Limited, has acquired 7.95% stake in Sadbhav Infrastructure Project Ltd. The acquisition was through the release of pledged shares, with no shares being sold or acquired in any other manner. The total number of shares acquired are 2,80,00,000, which amounts to 7.95% of the total share and voting capital of Sadbhav Infrastructure Project Ltd.