SHRADHANSEShradha Realty LimitedHighNeutral
Announced Wed, 10 Sept · 18:43 IST

Shradha Infraprojects Limited has informed the Exchange that Board of Directors at its meeting held on September 10, 2025, has inter alia considered and approved the Rights Issue Price, Issue Size, Record Date, Rights Entitlement Ratio and other terms of Rights Issue.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Shradha Infraprojects Limited (now Shradha Realty Limited) met on September 10, 2025, and approved key terms of a proposed Rights Issue, including the issue price, total issue size, record date, and rights entitlement ratio. Specific numerical details such as the price, discount, or ratio have not been disclosed in this filing. The company is moving ahead with raising fresh capital from existing shareholders. Further details are expected in subsequent filings.

Likely market impact

Shareholders should watch for the detailed Rights Issue letter that will specify the price, ratio, and timeline, as this will determine whether participation is attractive. The stock may see short-term volatility around the record date.