Sadbhav Engineering Limited has informed the stock exchanges about a matter concerning non-compliance with the composition of its Board of Directors under Regulation 17(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The fines imposed by the National Stock Exchange of India Ltd. and BSE Ltd. for this non-compliance were placed before the Board of Directors in a meeting held on December 17, 2025. The Board has approved the payment of these specified fines. Furthermore, the Board was apprised that following the appointment of Mr. Siddharth Vyas as a Non-Executive Director, the company has now ensured due compliance with Regulation 17(1) for the time being. The announcement was made by Shashin Patel, Chairman & Managing Director of Sadbhav Engineering Limited.