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Incorporated in 1988, Sadbhav EngineeringLtd is an EPC contractor of road construction, mining and irrigation
Sadbhav Engineering announced SBI and ICICI Bank joined its debt restructuring plan, formalizing Rs. 194.93 Cr debt. Fund-based exposure converts to NCDs. Lenders gain director rights; interest and promoter debt can convert to equity, streamlining financial health.
Sadbhav Engineering has appointed Mr. Siddharth Bhupendrabhai Vyas as a Non-Executive Director. He brings MBA and CFO experience in financial modeling and policy to the board. The company also approved the notice for its upcoming Annual General Meeting.