StockWatch
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Other Electrical Equipment
Rights Issue23 Sept 2026, 05:41 pm

Shraddha Prime Projects gets BSE in-principle approval for rights issue

AI Summary

Shraddha Prime Projects Ltd has received in-principle approval from BSE Limited on September 22, 2026, for the listing of Partly Paid-Up Equity Shares to be issued via a rights issue. This approval, referenced as LOD/RIGHT/AM/FIP/812/2026-27, is a significant step in the company's fundraising plans. The rights issue is still contingent upon the company fulfilling all post-issue requirements and adhering to statutory, legal, and listing formalities mandated by SEBI and the Exchange.

Key Highlights

  • BSE grants in-principle approval for rights issue share listing.
  • Approval received on September 22, 2026.
  • Rights issue subject to post-issue compliance.
  • Company continues fundraising efforts via rights issue.