Sadbhav Infrastructure Project Limited — Others, 12-02-2025: Resignation

Sadbhav Infrastructure Project Ltd. has approved its standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported a loss before tax of ₹174.15 Cr for Q3, compared to a profit of ₹379.79 Cr in the previous year, attributed to significant exceptional items and operational challenges. Additionally, the Board accepted the resignations of Mr. Hardik Modi as Company Secretary and Mrs. Daksha Shah as Independent Director, both effective immediately. Their departures may lead to shifts in governance and compliance oversight, impacting investor confidence amid ongoing operational challenges.