Sadbhav Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/12/2025 ,inter alia, to consider and approve Please find attached herewith ....
SADBHAV · price
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Sadbhav Engineering's Board will meet on 17 December 2025 to consider raising up to Rs. 1,000 Crores through rupee-denominated, unlisted, rated, secured, taxable, redeemable, non-convertible debentures (NCDs) on a private placement basis, in one or more tranches. The fundraising is aligned with the company's debt resolution plan submitted to its consortium lenders, suggesting it is part of a broader debt restructuring effort. The trading window for dealing in company securities has been closed from 15 December 2025 until 48 hours after the board meeting outcome is disclosed. No coupon rate or specific terms have been mentioned yet.
The Rs. 1,000 Crore NCD issuance signals a major fundraising effort tied to debt resolution with lenders, which may help ease existing debt obligations but will increase the company's overall debt burden. Since the NCDs are non-convertible, there is no immediate equity dilution risk for shareholders.