BSECompany Update25 Aug 2026 · 25 Aug 2026, 07:22 pm

Please find enclosed intimation for allotment of Non Convertible Debentures (NCDs).

Sadbhav Engineering Ltd · 532710

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Sadbhav Engineering Ltd has allotted non-convertible debentures (NCDs) to State Bank of India and ICICI Bank Ltd in two tranches, aggregating up to Rs. 167.86 crores. The debentures are secured, taxable, redeemable, and non-convertible, with interest at 9% p.a. and 0.01% p.a. respectively. The company has also provided a schedule of repayment for the NCDs.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk8/10
Liquidity Impact9/10
Market Sentiment5/10

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Sadbhav Engineering Ltd - 532710 - Announcement under Regulation 30 (LODR)-Allotment

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Engineering Limited Ref: SEL/2026-27/055 Date: 25/08/2026 The Manager (Listing) The Manager (Listing) Corporate Relationship Dept. National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, P J Tower, Plot No C/1, G Block Dalal Street, BandraKurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Company Code: 532710 (BSE) NSE Symbol: SADBHAV (NSE) Sub: Intimation for allotment of Non-Convertible Debentures (NCD) by the Finance and Investment Committee of Sadbhav Engineering Limited (the “Company”). Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations™) read with Para A of Part A of Schedule I1I to the Listing Regulations, we, Sadbhav Engineering Limited, hereby inform that the Finance and Investment Committee (“the Committee) of the Company in their meeting held on 25™ August, 2026 has allotted non-convertible debentures in two tranches to the State Bank of India and ICICI Bank Limited (as existing lenders) in furtherance of their - accession to the Company’s resolution plan and execution of the MRA: a. The first tranche comprises of 8,561 (Eight Thousand Five Hundred Sixty-One) unlisted, secured, taxable, redeemable and non-convertible debentures of face value of Rs.1,00,000/- (Rupees One Lakh only) each, aggregating up to Rs. 85,61,00,000/- (Indian Rupees Eighty-Five Crores and Sixty-One Lakhs Only) (“NCD-I Debentures”); and b. the second tranche comprises of 8,225 (Eight Thousand Two Hundred Twenty-Five) unlisted, secured, taxable, redeemable and non-convertible debentures of face value of Rs. 1,00,000/- (Rupees One Lakh only) each, aggregating up to Rs. 82,25,00,000/- (Indian Rupees Eighty-Two Crores and Twenty-Five Lakhs Only) (“NCD-II Debentures™). The debentures are being issued at par on a private placement basis and are to be held in dematerialized form. & “Sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 & +91°792646 3384 S selinfo@sadbhav.co.in & www.sadbhav.co.in CIN: L45400GJ1988PLC011322 Engineering Limited The details as required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 are given in enclosed Annexure-A. The meeting of the committee started at 05:00 PM and ended at 06:30 PM. You are requested to kindly take the same on record. Thanking You, Yours Faithfully, For Sadbhav Engineering Limited Shashin Patel Chairman & Managing Director DIN: 00048328 Encl: a.a. & “Sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 @ +91 79 2646 3384 2 selinfo@sadbhav.co.in & www.sadbhav.co.in CIN: L45400GJ1988PLCO11322 Engineering Limited Annexure-A Items Particulars NCD-I NCD-II Type of securities Rupee denominated, unlisted, Rupee denominated, unlisted, proposed to be issued secured, taxable, redeemable and secured, taxable, redeemable and (viz. equity shares, non-convertible debentures non-convertible debentures (NCDs) convertibles etc.); (NCDs) Type of issuance On a Private Placement basis On a Private Placement basis (further public - offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.); Total number of 8,561 (Eight Thousand Five 8,225 (Eight Thousand Two securities proposed to Hundred Sixty-One) NCDs Hundred Twenty-Five) NCDs be issued or the total amount for which the securities will be issued(approximately); Size of the issue; Rs. 85,61,00,000/- (Indian Rs. 82,25,00,000/- (Indian Rupees Rupees Eighty-Five Crores and Eighty-Two Crores and Twenty- Sixty-One Lakhs Only) Five Lakhs Only) ‘Whether proposed to No No be listed? If yes, name of the stock exchange(s); Tenure of the | Date of Allotment: 25" August, | Date of Allotment: 25% August, instrument - date of 2026 2026 allotment and date of maturity; Date of Maturity: 31-03-2031 Date of Maturity: 31-03-2034 Coupon/interest Interest at 9% p.a. shall be | Interest at 0.01% p.a. shall be offered, schedule of | payable on the debentures being | payable on the debentures being payment of | redeemed, payable along with | redeemed, payable along with the coupon/interest and | the repayment of the principal | repayment of the principal - principal; amounts, i.e. on the respective | amounts, i.e. on the respective| redemption dates. redemption dates. & “Sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 @ +91 & selinfo@sadbhav.co.in T www.sadbhav.co.in CIN: L45400GJ1988PLC011322 Engineering Limited Schedule of Repayment is given A portion equivalent to 8.99% as under: (Eight point nine nine percent per annum) shall be converted into Equity Shares subject to the Date Repayment % regulatory guidelines. 31 Mar 26 10.20 30 Sep 26 45.00% sl e 31 M,:r > TS0 Schedule of Repayment is given as 31 Mar 28 12.75% Amortization Principal 31 Mar 29 12.75% Schedule Repayment 31 Mar 30 12.75% (%) 31 Mar 31 6.05% Mar 26 10.20% Total 100.00% Sep 26 0.50% Mar 27 0.50% Mar 28 5.00% Mar 29 5.00% Mar 30 5.00% Mar 31 11.50% Mar 32 20.50% Mar 33 20.50% Mar 34 21.30% Total 100.00% under: Charge/security, if any, Hypothecation of current and Hypothecation of current and created over the assets; other movable assets (excluding other movable assets (excluding assets exclusively charged to assets exclusively charged to existing lenders) and mortgage existing lenders) and mortgage of of identified fixed assets. identified fixed assets. Special NA NA right/interest/privileges attached to the instrument and changes thereof; Delay in payment of NA NA interest / principal amount for a period of more than three months EEp> from the due date or e\ k’%‘/\ default in payment of oy < )g interest / principal; === S & “sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 (® +91 79 2646 3384 2 selinfo@sadbhav.co.in & www.sadbhav.co.in CIN: L45400G)1988PLC011322 Engineering Limited Details of any letter or Penal charges would be payable Penal charges would be payable in comments regarding in case of default. case of default. payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any; Delails of redemption Out of cashflows of the Out of cashflows of the Company. of debentures Company. indicating the manner of redemption (whether out of profits or out of fresh issue) any cancellation or NA NA termination of proposal for issuance of securities including reasons thereof. & “Sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 @ +91 79 2646 3384 52 selinfo@sadbhav.co.in & www.sadbhav.co.in CIN: L45400GJ1988PLC011322