Shradha Infraprojects Limited has informed the Exchange that Record date for the purpose of Rights is 16-Sep-2025.
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Awaiting price reaction for this filing.
Shradha Infraprojects Limited has informed the exchanges that 16-Sep-2025 has been set as the record date to determine shareholders eligible for the upcoming Rights Issue. Shareholders whose names appear in the company records on this date will be entitled to apply for the rights entitlements. The announcement does not yet provide details on the issue size, ratio, or pricing of the rights issue. Further terms are expected to be disclosed in the detailed letter of offer that typically follows the record date.
Investors holding shares as of 16-Sep-2025 will need sufficient funds if they wish to participate in the rights issue. Watch for follow-up filings that disclose pricing and entitlement ratio, as deeply discounted rights issues can create short-term arbitrage opportunities but also dilute existing shareholders.