Sadbhav Infrastructure Project Limited
Incorporated in 2007, Sadbhav Infrastructure Project Ltd deals in Build Operat and Transfer (BOT)/ Annuity Projects and its relatedactivities
What Sadbhav files
- Others44
- Board Meeting19
- Important10
- Updates4
- Results2
- Credit Ratings1
Company's Board approved quarterly results (with modified review). It appointed two new independent directors and allowed sale/pledge of shares in various subsidiaries. Auditors resigned citing low operational activity. The Annual General Meeting was announced.
Infrastructure Project Ltd. has authorized its new CFO, Kaivan Vora, along with Chairman Shashin Patel, for critical stock exchange disclosures and materiality assessments. Company Secretary Kedar Pandya is also authorized for disclosures. This update streamlines investor communication.
Sadbhav Infra's board decided to pay fines for not meeting director requirements. They are actively searching for a new director to ensure compliance.
Sadbhav Infrastructure Project (SIPL) clarified that announcements previously uploaded by SIPL were in error and relate to its holding company, Sadbhav Engineering. Sadbhav Engineering has since filed the correct disclosures. Investors should disregard SIPL's prior communication.
Sadbhav Engineering paid fines for board composition non-compliance due to a director's resignation. The company is actively seeking a replacement director to promptly restore compliance, addressing the issue with exchanges.