Sadbhav Infrastructure Projects Ltd (SADBHIN) — Board Meeting | 5 September 2026(4 announcements)

Sadbhav Infrastructure's board appointed M/s O R Maloo & Co as statutory auditors for five years pending shareholder approval at the upcoming AGM, and disclosed plans to sell or liquidate material subsidiaries exceeding 20% asset value, with disposal details to be finalized. The meeting concluded at 9:30 p.m. after starting at 8:30 p.m.

Sadbhav Infrastructure announced the Board's recommendation to appoint M/s O R Maloo & Co as statutory auditor for five years, pending shareholder approval at the upcoming AGM on 30 September 2026, and disclosed a proposed subsidiary disposal exceeding 20% thresholds requiring regulatory compliance.

The Board of Sadbhav Infrastructure Projects approved the appointment of M/s O R Maloo & Co as statutory auditor for five years pending shareholder approval at the upcoming AGM on 30 September 2026, and authorized disposal of subsidiaries exceeding 20% asset value, including potential liquidation of Sadbhav Maintenance Infrastructure Private Limited and Sadbhav Infra Solutions Private Limited.

The board addressed a SEBI fine for non-compliance with board composition rules after appointing two new independent directors on August 11, 2026, confirming adherence to listing regulations and requesting acknowledgment of their compliance actions.