Shradha Infraprojects Limited has informed the Exchange about General Updates regarding Execution of Agreement to Sale for sale of the property owned by the Company at the aggregate consideration of Rs. 6.00 (Rupees Six Crore Only)
SHRADHA · price
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Awaiting price reaction for this filing.
Shradha Infraprojects Limited has executed an Agreement to Sale on 30th September 2025 to sell its ground floor office property (Office Block No. G1, Shradha House, Kingsway, Nagpur) to an individual buyer, Mr. Shoeb Rafiq Mohammad. The total consideration is Rs. 6 Crores, inclusive of taxes and duties, paid in cash. The board had given in-principle approval for this sale on 10th September 2025. The property covers about 378.94 sq. meters built-up area.
This is a routine asset sale worth Rs. 6 Crores, likely bringing in cash for the company. For a small-cap infrastructure/real estate company, the amount is relatively modest and unlikely to materially move the stock, though it signals the company is monetising owned real estate.