01-Sept-2026 22:56:54

SADBHAVGeneral news

SADBHAV ENGINEERING : BOARD APPROVES PREFERENTIAL ISSUANCE OF EQUITY SHARES WORTH RS 1348 CR

• Board approved issuance of up to 14,47,94,474 equity shares at ₹9.34/share to lenders via conversion of NCD part coupon, totaling ₹1348 Cr. • Approval also given for up to 7,55,55,555 equity shares at ₹9.00/share to promoter group member Mr. Shashin Patel via unsecured loan conversion, aggregating ₹68 Cr. • The issuances are part of a resolution plan approved by lenders under RBI framework. • Board also approved the notice for the 37th Annual General Meeting scheduled for September 30, 2026.

Sadbhav Engineering Limited

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