Share purchase cum shareholders’ cum subordinate debt agreement of M/s. Maharashtra Border Check Post Network Limited (a step down subsidiary Company)

• Security Code: 532710
• Company: SADBHAV

Sadbhav Engineering Ltd has informed BSE that the Company along with Sadbhav Infrastructure Project Ltd. ('SIPL') (a Subsidiary Company) has entered into a share purchase cum shareholders' cum subordinate debt agreement with, M/s. D. Thakkar Construction Private Limited and M/s. DTC Toll Projects Private Limited. (DTC) where it has been agreed to transfer 9% of Shareholding of M/s. Maharashtra Border Check Post Network Limited (“MBCPNL”) (a step down subsidiary Company) to DTC as against 21.805% agreed earlier.