- CEO
- Bhagwan Singh Negi
- Full Time Employees
- 60
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- SCO 49-50, Madhya Marg Chandigarh PU India 160019
- IPO Date
- May 11, 2015
- Business
- SAB Industries Limited (SAB.BO) engages primarily in construction, civil engineering, real estate development, investments, and agriculture in India. The company undertakes projects in civil infrastructure and construction engineering; develops mass housing complexes, townships, institutional and public utility facilities; and constructs hi-tech industrial, aviation, hospitality and recreation, as well as health care structures; it also handles building and housing, roads, water and environment, irrigation, power, and railways projects; in addition, SAB Industries develops real estate properties including group housing and townships, and maintains investment and agriculture segments. Operations focus on the Indian market, particularly in the northern region.
Founded in 1978 and headquartered in Chandigarh, India, at SCO 49-50, Sector 26, Madhya Marg, the company was formerly known as SA Builders Limited. It forms part of the Steel Strips Group, with diversified interests in hi-tech manufacturing, petrochemicals, information technology, agro chemicals, and retail.
In recent developments, SAB Industries approved revisions to remuneration for Advisor Ms. Priya Garg effective April 1, 2024, and Additional Managing Director Mr. Sanjay Garg effective November 1, 2023, alongside his re-appointment for five years from February 14, 2025; the company also appointed new Independent Directors Mr. Virander Kumar Arya for five years from October 1, 2024, and Ms. Tejinder Kaur for five years from March 14, 2025, coinciding with the retirement of existing Independent Directors Mr. Surinder Singh Virdi and Ms. Manju Lakhanpal. These board and leadership changes, ratified at the 40th Annual General Meeting on September 30, 2024, reflect strategic governance enhancements amid ongoing financial reporting, including audited results for the year ended March 31, 2024. No major acquisitions, funding rounds, or new product launches were reported in the last 1-2 years.