Shradha Infraprojects Limited has informed the Exchange about General Updates
SHRADHA · price
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Shradha Infraprojects Limited has completed the sale of an office property — Block T3 and T4 on the third floor of 'Shradha House' on Kingsway Road, Nagpur — for a total consideration of Rs. 1.40 Crores. The buyers are two individuals (Mr. Anshul Pramod Katakwar and Ms. Neha Vijay Lamba) who are not related to the promoters or group companies. The transaction was carried out at arm's length and was approved by the Audit Committee and Board on 7th August 2025, with the sale concluded on 13th August 2025. The company has not disclosed the revenue/turnover contribution of this asset, as the sale relates to a real estate property and not an operating division.
This is a relatively small, one-time asset sale worth Rs. 1.40 Crores and is unlikely to have a material impact on the company's financials or stock price. It frees up some capital from a non-core property, but shareholders should not read it as a strategic shift.