Appointment

Infrastructure Project Ltd. Ref: SIPL/2026-27/034 5t September, 2026 The Manager (Listing) The Listing Manager, Corporate Relationship Dept. National Stock Exchange of India Limited BSE Limited Exchange Plaza, P ] Tower, Plot No C/1, G Block Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai- 400 051 Company Code: 539346 (BSE) NSE Symbol: SADBHIN (NSE) Sub: Outcome of the Meeting of the Board of Directors of Sadbhav Infrastructure Project Limited (‘the Company’) held on 5t September, 2026. Dear Sir/ Madam, With reference to above, we hereby inform that meeting of Board of Directors of the Company held today (i.e. 05/09/2026), in which Board of Directors of the company has considered following business: 1. On the recommendation of the Audit Committee, the Board has recommended the appointment of M/s. 0 R Maloo & Co, Chartered Accountants (Firm Registration No. 135561W) as Statutory Auditor of the Company, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. The details of appointment as required under Regulation 30 of the Listing Regulations read w 30i ,t h 0S 2EB 6I M aa s bt ee er c eir nc cu ll oa sr n do . eH rO e/ w4 i9 t/ h1 a4 s/ a1 n4 n( e7 x) u2 re0 -2 A5 .- CFD~POD2/I/3762/2 026 dated January 2. The sale, transfer, disposal of assets exceeding 20% oft he assets of the Company's igaterial subsidiaries i.e. 1) Sadbhav Maintenance Infrastructure Private Limited and 2) Sadbhav Infra Solutions Private Limited (hereinafter referred to as Target Subsidiary) and/or for liquidation or otherwise disposal of the entire shareholding held by the Company in its material subsidiary, resulting in cessation of control over the material subsidiary, pursuant to Regulations 24(5) and 24(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of disposal of subsidiary oft he listed entity, as required under Regulation 30 of the Listing Regulations read with SEBI Master circular no. H0/49/14/14(7)2025-CFD- POD2/1/3762/2026 dated January 30, 2026 has been enclosed herewith as annexure-B. 3. Approved the notice of Annual General Meeting (AGM) of the company to be held on Wednesday, 30t September, 2026, © "Sadbhav House" Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380006. @+91 79 26463384 @investor@sadbhavinfra.co.in . www.sadbhavinfra.co.in CIN: L45202GJ2007PLC049808 Infrastructure Project Ltd. The meeting of Board of Directors commenced at 8:30 p.m. and concluded at 09:30 p.m. You are requested to take the same on record. Thanking You, Yours Faithfully, FOR SADBHAV INFRASTRUCTURE PROJECT LIMITED SHASHIN V. PATEL EXECUTIVE CHAIRMAN DIN: 00048328 Encl.: As Above - @ "sadbhav House" Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380006. (3+91 79 26463384 & investor@sadbhavinfra.co.in ‘www.sadbhavinfra.co.in CIN: L45202GJ2007PLC049808 Infrastructure Project Ltd. Annexure - A The details of appointment as required under Rej gulation 30 of the Listing Regulations read with SEBI Master circular no. H0/49, /14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Sr. Details of events that need to be Information of such event(s) No. provided 1 Reason for change viz. appointment, Pursuant to the resignation of previous resignation, removal, death or statutory auditors of the company M/s. S G D otherwise G & Associates LLP, Chartered Accountants (Firm Registration No. W100188) w.e.f, 12th August, 2026, a casual vacancy of statutory auditors was created. To fill the casual vacancy of statutory auditor of the company, upon recommendation of the Audit committee and subject to approval of shareholders of the company, M/s. O R Maloo & Co. has been appointed as a statutory auditor of the company pursuant o the provisions of Section 139 of the Companies Act, 2013 and rules framed thereunder. Date of appointment/cessation (as The Board, on the recommendation of the applicable) & term of appointment Audit committee, has at its meeting held today ie. 5% September, 2026, recommended the appointment of M/s, O R Maloo & Co, Chartered Accountants (Firm Registration No. 135561W) as Statutory Auditor of the Company. M/s. 0 R Maloo & Co., will hold the office for further period of 5 (five) consecutive years from the conclusion of the 20% Annual General Meeting (AGM) of the Company scheduled to held in year 2026, till the conclusion of the 25th AGM to be held in the year 2031, subject to the approVal of shareholders of the Company. Brief profile A leading Firm of Auditors with a large client base spanning in various industries including infrastructure, real estate, manufacturing, pharmaceuticals, telecom, fintech and tech start-ups. The firm is registered with the Institute of Chartered Accountants of India having Firm Registration No. 135561W. Founders of the firm have vast experience of more than 35 years in the field of Accounts, Audit, and Taxation, Disclosure of relationships between Not applicable directors (in case of appointment of a director) @ "Sadbhav House" Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380006. ®+91 79 26463384 @ investor@sadbhavinfra.co.in € www.sadbhavinfra.co.in CIN: L45202GJ2007PLC049808 Infrastructure Project Ltd. Annexure - B The details of disposal of subsidiary of the listed entity, as required under Regulation 30 oft he - Listing Regulations read with SEBI Master circular no. HO/49/14/14(7)2025-CFD- POD2/1/3762/2026 dated January 30, 2026. Particulars Response the amount and percentage of the turnover or | Turnover Contribution: revenue or income and net worth contributed by 1) Sadbhav Maintegance such unit or division or undertaking or subsidiary Infrastructure Private Limited: or associat . e company of the listed entity during the 2) SL ad bhav Infra Soluti. ons PriN vate last financial year Limited: NIL Net Worth Contribution: 1) Sadbhav Maintenance Infrastructure Private Limited: (1.40) Million i.e. 0.022 percent of consolidated turnover for F.Y. 2025-26. 2) Sadbhav Infra Solutions Private Limited: 0.27 Million i.e. 0.004 of consolidated turnover for F.Y. 2025-26. date on which the agreement for sale has been | NA entered into the expected date of completion of sale/disposal | To be confirmed consideration received from such sale/disposal NA brief details of buyers and whether any of the | NA buyers belong to the promoter/ promoter group/group companies. If yes, details thereof whether the transaction would fall within related | No party transactions? If yes, whether the same is - done at “arm’s length” whether the sale, lease or disposal of the | NA undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations additionally, in case of a slump sale, indicative | NA - disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale © "sadbhav House" Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380006. @+91 79 26463384 @ investor@sadbhavinfra.co.in .www.sadbhavinfra.co.in CIN: L45202GJ2007PLC049808