Sadbhav Engineering Limited has entered into a Deed of Accession to a Master Restructuring Agreement with lenders to restructure debt and support ongoing operations. This agreement aims to restore financial viability and provide liquidity for the company.
Sadbhav Engineering Limited allotted 16,786 non-convertible debentures aggregating ₹167.86 Crore to State Bank of India and ICICI Bank on a private placement basis.
Sadbhav Engineering signed a Deed of Accession to its Master Restructuring Agreement, restructuring existing debt worth ₹194.93 Crore with SBI and ICICI Bank.
Sadbhav Engineering Ltd disclosed its status under the SEBI Large Corporate framework, reporting outstanding borrowings of ₹906.35 Crore as of March 31, 2026. The company maintains an RP-4 credit rating from ICRA Limited. This filing confirms compliance with debt-market borrowing norms for large corporate entities.