
Shraddha Prime Projects Board Approves Q1 FY27 Unaudited Results
Shraddha Prime Projects Ltd's Board of Directors, in a meeting held on August 13, 2026, approved the un-audited standalone and consolidated financial results for the first quarter ended June 30, 2026. The board also approved plans to acquire a 75% stake in a partnership firm 'Shraddha City Spaces' and a 51% stake in a proposed LLP 'Shraddha Athon LLP'. Additionally, they approved an increase in borrowing powers and the creation of security on company properties, subject to shareholder approval at the upcoming AGM. 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 and consolidated financial results.
- To acquire 75% stake in 'Shraddha City Spaces' partnership firm.
- To acquire 51% stake in proposed LLP 'Shraddha Athon LLP'.
- AGM scheduled for September 28, 2026; book closure from Sep 22-28.
- Approved increase in borrowing powers and creation of security on properties.
Price Impact
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