ALPHA TRIBE

Sadbhav Infrastructure Project LimitedOthers, 12-08-2025: Change in Director(s)

12-08-2025 | 10:51 pm

Sadbhav Infrastructure Project Ltd. announced financial results for the quarter ended June 30, 2025. Standalone net loss was INR 17.10 Cr, while consolidated net profit stood at INR 25.86 Cr. The company has announced its 19th Annual General Meeting on September 30, 2025. Also, Mr. Shashin V. Patel was reappointed as Executive Chairman for three years, subject to shareholder approval. Auditors noted significant concerns, including the recoverability of INR 804.72 Cr in subsidiary investments and loans tied to ongoing disputes. They also highlighted material uncertainty about the company's ability to continue as a going concern, a key investor consideration.

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