Corporate Announcement
Security Code : 532710    Company : SADBHAV    
 
Filing of petition before the CLB, Mumbai in respect of the affairs of Mumbai Nasik Expressway Ltd. 
  Exchange Disseminated Time     
Sadbhav Engineering Ltd has informed BSE that Sadbhav Engineering Limited (SEL) has filed a petition before the Hon’ble Company Law Board, Mumbai against Gammon India Limited (GIL), Gammon Infrastructure Project Limited (GIPL) and their erring Directors seeking relief in relation to certain alleged acts of oppression and mismanagement in the affairs of Mumbai Nasik Expressway Limited, wherein 20% of the paid up capital is held by SEL and 80% of the paid up capital is held by GIL. The matter is likely to come up for first hearing shortly.
 

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