Board Meeting13 Aug 2026, 05:53 pm
Shraddha Prime Projects Board Approves Financial Results, New Ventures
AI Summary
Shraddha Prime Projects Ltd announced outcomes of its Board Meeting held on August 13, 2026. The board approved the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Key decisions also include becoming a partner in 'Shraddha City Spaces' with a 75% stake and a Designated Partner in 'Shraddha Athon LLP' with a 51% stake. The company also approved an increase in borrowing powers and the creation of security on its properties, subject to shareholder approval. The 34th Annual General Meeting is scheduled for September 28, 2026, with book closure from September 22 to September 28, 2026. The Board's Report for the year ended March 31, 2026, was also approved.
Key Highlights
- Approved Q1 FY27 Un-audited Standalone & Consolidated Financial Results.
- To acquire 75% stake in partnership firm 'Shraddha City Spaces'.
- To acquire 51% stake in proposed LLP 'Shraddha Athon LLP'.
- Approved increase in borrowing powers and creation of security.
- 34th AGM scheduled for September 28, 2026; Book closure Sep 22-28.
Price Impact
More from SHRADDHA