Sadbhav Engineering Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Sadbhav Engineering's Board approved its consolidated financial results for the quarter ended June 30, 2025, reporting revenue of ₹44.50 Cr and a net loss of ₹0.42 Cr.

Auditors highlighted ongoing concerns regarding the company's ability to continue as a going concern due to payment defaults and lenders classifying accounts as Non-Performing Assets. Management, however, remains confident in its restructuring plan, which has received sanction from the lead bank.

Additionally, the Board re-appointed Mr. Shashin Patel as Chairman & Managing Director for a three-year term, effective December 17, 2025, pending shareholder approval. The 36th Annual General Meeting is set for September 30, 2025.