Sadbhav Infrastructure Project Limited has informed the Exchange about General Updates
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Sadbhav Infrastructure Project informed the exchanges that the matter of non-compliance with Regulation 17(1) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015 (related to proper composition of the Board of Directors) was discussed at the Board meeting on February 12, 2026. Both NSE and BSE had imposed fines on the company for this non-compliance. The company has already paid these fines. To rectify the issue, Mr. Siddharth Vyas was appointed as a non-executive director effective September 4, 2025, and Mr. Kedar Pandya was appointed as company secretary and compliance officer effective November 12, 2025. The Board stated that with these appointments, the company is now compliant with the relevant regulations.
This is a routine regulatory disclosure showing the company has resolved a past compliance lapse. The fines have already been paid and new directors/officers have been appointed, so there is no pending action. Shareholders should note that such non-compliance flags can occasionally indicate weak governance, but the prompt corrective steps suggest the issue has been addressed.