Scrip Name: SADBHAV

Date: May 30, 2026

Board Meeting Outcomes

  • The Board of Directors discussed the matter of non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding composition of Board of Directors
  • The Board discussed fines imposed by both National Stock Exchange of India Ltd. and BSE Limited for this non-compliance
  • The Board decided that the company shall pay the fines as specified in the notice from BSE (received via email) and letters from NSE

KMP / Board Changes

  • The Board has informed that the company is actively searching for a suitable candidate for the post of director
  • This search aims to ensure future compliance with SEBI LODR regulations regarding board composition
  • The disclosure does not specify which directorship position is vacant or needs to be filled

Other Operational / Legal / Strategic Disclosures

  • The matter was placed before the Board during its meeting held on May 30, 2026
  • The disclosure serves as formal intimation to the stock exchanges about the Board's decisions and actions regarding the compliance issue