Investment20 Mar 2026, 04:31 pm
Shraddha Prime Projects Ltd. Approves Rights Issue of Up to ₹ 9,700 Lakhs
AI Summary
Shraddha Prime Projects Ltd. has announced that its Board of Directors approved the raising of funds through the issuance of up to ₹ 9,700 lakhs by way of a rights issue. The Rights Issue Committee will decide various matters including the Rights Issue price, entitlement ratio, record date, and timing of the Rights Issue. The details of the Rights Issue will be available on the company's website.
Key Highlights
- Shraddha Prime Projects Ltd. approved the raising of funds through a rights issue of up to ₹ 9,700 lakhs.
- The Rights Issue Committee will decide the specific terms of the Rights Issue.
- The Rights Issue is subject to the receipt of in-principle approval from the stock exchange and other regulatory authorities.
- The details of the Rights Issue will be available on the company's website.