Shradha Infraprojects Limited has informed the Exchange about General Updates regarding Execution of Agreement to Sale with M/s. Hariom Real Estate ( the Buyer ), for sale of the property owned by the Company at the aggregate consideration of Rs. 2.40/- Crores (Rupees two Crore Forty Lakhs Only).
SHRADHA · price
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Awaiting price reaction for this filing.
Shradha Infraprojects Limited has signed an Agreement to Sale with M/s. Hariom Real Estate to sell its office property located at Shradha House, Kingsway, Nagpur. The property is Office Block No. T6 on the third floor, covering about 238.95 sq. metres built-up area. The total sale consideration is Rs. 2.40 Crores, received in cash, inclusive of all applicable taxes and duties. The transaction was approved at the Board meeting on 7th August 2025 and executed on 13th August 2025. This is an asset divestment by the company, not a business order.
This is a modest one-time asset sale worth Rs. 2.40 Crores, which will add to the company's cash reserves but is unlikely to materially move the stock price. Shareholders should view it as routine asset monetisation rather than a major business development.