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 on October 6, 2025, approved the allotment of 3.03 crore (30,374,088) Rights Equity Shares. Each share has a face value of Rs 2 and was issued at a price of Rs 40 per share, which includes a share premium of Rs 38 per share. The total issue size is approximately Rs 121.5 crore based on the issue price. This is the final allotment stage of a rights issue that had been previously announced to existing shareholders.
Shareholders' holdings will be diluted as new shares are allotted, but existing eligible shareholders who subscribed benefit from the Rs 38 per share premium. The fresh capital infusion may strengthen the company's balance sheet for growth or operational needs, though the specific use of funds is not disclosed in this filing.