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Sadbhav Engineering Limited ( (IN:SADBHAV) ) has shared an update.
Sadbhav Engineering Limited’s Board of Directors has approved measures under a proposed debt resolution plan to address its financial obligations. These measures include executing a Master Restructuring Agreement and issuing rupee-denominated debentures worth Rs. 1,000 crores via private placement, aiming to restructure its debt while stabilizing operations and bolstering its market position.
More about Sadbhav Engineering Limited
Sadbhav Engineering Limited specializes in infrastructure development, encompassing roads, highways, mining, irrigation, and build-operate-transfer (BOT) projects primarily across India. The company operates in the construction and engineering sector and focuses on delivering large-scale projects that enhance connectivity and resource management.
Average Trading Volume: 36,642
Technical Sentiment Signal: Sell
Current Market Cap: 1.77B INR
For an in-depth examination of SADBHAV stock, go to TipRanks’ Overview page.