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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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