Shradha Infraprojects Limited has informed the Exchange that Board of Directors at its meeting held on October 06, 2025, has approved allotment of 30374088 Rights Equity Shares of the face value of Rs 2/- each at a price of Rs 40/- (including a share premium of Rs 38/- per Equity Share)
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The Board of Directors of Shradha Infraprojects Limited, at its meeting held on October 6, 2025, approved the allotment of 3,03,74,088 Rights Equity Shares. Each share has a face value of Rs 2 and was issued at a price of Rs 40, which includes a share premium of Rs 38 per share. This is the conclusion of a rights issue where existing shareholders were offered the opportunity to subscribe to new shares. The company has successfully raised additional equity capital from its shareholders through this allotment.
Existing shareholders who exercised their rights will see an increase in their shareholding quantity. The fresh capital infusion may support the company's growth plans or strengthen its balance sheet. Share price may react based on the purpose of the fund raise and how the rights issue was priced relative to the market price.