Board appoints new auditor, plans disposal of two material subsidiaries

Sadbhav Infrastructure Project Ltd's Board, on Sept 5 2026, appointed M/s. O R Maloo and Co as new Statutory Auditor for 5 years (until 2031), filling the casual vacancy created by resignation of M/s. S G D G and Associates LLP effective Aug 12 2026. Board also approved sale, transfer or disposal of assets exceeding 20 percent in two material subsidiaries - Sadbhav Maintenance Infrastructure and Sadbhav Infra Solutions - potentially leading to loss of control over them. Both items need shareholder approval at AGM on Sept 30 2026.