Sadbhav Infrastructure Project Limited (SIPL) has announced its unaudited financial results for the second quarter and half-year ending September 30, 2025. The results were disclosed following a Board of Directors meeting held on November 12, 2025. During this meeting, the board approved both standalone and consolidated financial results, which reflect the company's ongoing commitment to transparency and compliance with SEBI regulations. In this quarter, SIPL's total assets were reported at ₹13,257.92 million, slightly lower than the previous audited total of ₹13,271.70 million. The equity share capital stood at ₹3,522.25 million, indicating a stable financial position for the company.
In a significant organizational change, the board appointed Mr. Kedar Pandya as the new Company Secretary and Compliance Officer, effective immediately from November 12, 2025. Mr. Pandya is a member of the Institute of Company Secretaries of India and holds a master's degree in commerce. His appointment comes on the recommendation of the Nomination and Remuneration Committee, signaling a strategic move to enhance the company's governance and compliance framework. This change in leadership follows the resignation of Mr. Jatin Thakkar, the former Chief Financial Officer, who stepped down for personal reasons, effective the same date.
The recent changes within SIPL's management and the financial disclosures underscore the company's focus on strong governance and operational efficiency. With Mr. Kedar Pandya stepping into his new role, SIPL aims to bolster its compliance and corporate governance practices while navigating the challenges in the infrastructure sector. As the company continues to adapt to market dynamics, it remains focused on maintaining its financial stability and growth trajectory, ensuring a robust foundation for future projects.