Sadbhav Engineering Ltd
Sadbhav Engineering to issue up to 22,03,50,029 shares to lenders & promoter under RBI resolution plan 🏦
- Issuance to lenders: 14,47,94,474 shares at ₹9.34 each
- Issuance to promoter Shashin Patel: 7,55,55,555 shares at ₹9.00 each
- Promoter loan conversion: ₹68 Crores
- Total shares proposed: up to 22,03,50,029
- Part of RBI resolution plan (MRA dated Aug 25, 2026)