Sadbhav Engineering Limited — Others, 14-08-2025: Change in Director(s)

Sadbhav Engineering's Board approved its quarterly financial results. Standalone operations resulted in a net loss of ₹0.42 Cr. Consolidated results, however, showed a net profit of ₹4.03 Cr. Auditors flagged material uncertainties about the company's 'going concern' ability due to loan defaults and Non-Performing Asset classification, though management is confident in its restructuring plan. Auditors also raised concerns regarding the recoverability of substantial loans, receivables, and contract assets totaling over ₹1,350 Cr. Mr. Shashin Patel was re-appointed as Chairman and Managing Director. The 36th Annual General Meeting will be held on September 30, with e-voting from September 27-29.