Annual Report of 33rd Annual General Meeting

Shraddha Prime Projects Ltd (formerly Towa Sokki Limited), a Mumbai-based real estate developer, has submitted its Annual Report for FY 2024-25 along with the notice for its 33rd Annual General Meeting scheduled for September 17, 2025 via video conferencing. The company reported strong growth with standalone revenue from operations nearly doubling to Rs. 10,321.94 lakhs (from Rs. 4,327.86 lakhs in FY23-24) and standalone net profit jumping to Rs. 2,464.28 lakhs (from Rs. 653.36 lakhs). On a consolidated basis, revenue rose to Rs. 15,558.28 lakhs and net profit to Rs. 2,491.54 lakhs. The Board has recommended a total dividend of Rs. 0.40 per share (4%) including a final dividend of Rs. 0.20 per share, confirming an interim dividend of the same amount. During the year, the company executed a 1:1 bonus issue, doubling paid-up share capital to Rs. 40.40 crores and increased authorised capital to Rs. 45 crores. Post year-end, it acquired additional stakes in four LLPs and received approvals for major redevelopment projects including 'Shraddha Paradise Enclave' and 'Himgiri CHS' in Mulund West.