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
Board meeting scheduled. Discussed compliance with board composition rules, appointing two new non-executive independent directors. Company affirms it has ensured compliance.
Sadbhav Infra: Q1 standalone profit ₹17.6 Cr, consolidated ₹53.0 Cr (incl. ₹28 Cr loan recovery). Two new directors appointed. Auditors resigned citing scale; flagged ₹804.5 Cr subsidiary asset risks and substantial going concern uncertainty.
The company resolved its past non-compliance with board composition requirements. It paid the specified fines and is now fully compliant after appointing a new non-executive director and a compliance officer, closing the regulatory matter.
Sadbhav Infrastructure Project appointed Mr. Siddharth Vyas as Non-Executive Director, following input from its Nomination and Remuneration Committee. The board also approved the Annual General Meeting notice.