Shradha Infraprojects Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 08, 2025
SHRADHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shradha Infraprojects Limited has informed NSE that its 28th Annual General Meeting (AGM) will be held on August 8, 2025 at 4:30 PM via video conferencing, along with the Annual Report for FY 2024-25. Standalone revenue from operations rose 25.5% to Rs. 1,642.80 lakhs and profit after tax increased 2.5% to Rs. 971.44 lakhs, with EPS at Rs. 1.92 versus Rs. 1.87 in the previous year. Consolidated profit after tax grew 10.4% to Rs. 2,209.08 lakhs, though consolidated revenue dipped marginally to Rs. 10,658.65 lakhs. The Board has recommended a final dividend of Rs. 0.50 per share (25%) on the post-split face value of Rs. 2, with July 11, 2025 as the record date. The AGM agenda also includes re-appointment of Independent Directors Ms. Asha Sampath and Mr. Satish Wate for a second five-year term, and approval for a previously approved Rights Issue of up to Rs. 250 crore.
The AGM is a routine compliance event with no immediate price catalyst, but healthy standalone profit growth and a 25% dividend are shareholder-friendly. The pending Rights Issue of up to Rs. 250 crore may dilute existing shareholders but could fund future expansion in the Nagpur real estate market.