Sadbhav Infrastructure Project Limited has informed the Exchange regarding ''.
SADBHIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sadbhav Infrastructure Project Limited has disclosed that it failed to comply with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which pertains to board composition requirements. Both NSE and BSE imposed fines on the company for this non-compliance. The Board of Directors met on May 27, 2026, and decided to pay the specified fines. Additionally, the company stated it is actively searching for suitable director candidates to ensure future compliance with the regulatory requirements.
The fine represents a minor financial impact, but the non-compliance with board composition rules could raise governance concerns among investors. The company's search for new directors may signal upcoming board changes.