SADBHINBSESADBHAV INFRA PROJ LTD.HighNegative
Announced Sat, 5 Sept · 22:15 IST

Board comments on stock exchange fine for board composition non compliance

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SADBHIN · price

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Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹2.55
prior close
₹2.51
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+0.0+0.0+1.6+1.6+3.1+0.0-0.8+0.0-1.6-2.0
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AI summary

Sadbhav Infra faced a fine from NSE and BSE for not meeting SEBI LODR Regulation 17(1) on board composition. The Board noted that appointing Jaldeep Patel and Ankit Shah as additional non executive independent directors from 11 August 2026 has resolved the non compliance issue.

Likely market impact

Minor regulatory compliance issue now resolved with new independent directors. Limited direct impact on shareholders or stock price.