AGM on Sep 30; Q1 results, new directors, auditor exit
SADBHIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board of Sadbhav Infra Project approved Q1 FY27 unaudited results (with a modified limited review opinion) on Aug 11. Two new independent directors appointed: Jaldeep Patel and Ankit Shah. Statutory auditor SGDG and Associates resigns effective Aug 12 citing prolonged absence of operational activity. 20th AGM set for Sep 30 via video conferencing; e-voting Sep 27-29; cutoff Aug 28. Board also approved asset sale and share pledge plans for subsidiaries SHAPL, MBCPNL, SNHL, SRHL, and SVHL, subject to shareholder approval.
Mixed signals: modified review opinion and auditor exit raise concerns; subsidiary asset and share pledge plans await shareholder nod at AGM.