ALPHA TRIBE

Shradha Infraprojects LimitedImportant, 25-04-2025: General Updates

25-04-2025 | 06:40 pm

Shradha Infraprojects Limited has executed two sale deeds for residential apartments in the multistoried building “Abhiman Niwas,” located in Nagpur. The total consideration for both deals is Rs. 58.26 Cr (Rs. 29.13 Cr from each purchaser). The properties sold are apartments G-205 and G-206 on the second floor of Tower No. 7, each with a built-up area of approximately 57.12 sq. m. including a proportionate undivided share in the land. This transaction enhances the company's liquidity and could positively impact future operational flexibility. Shareholders should monitor developments for potential impacts on the company’s cash flow and growth prospects.

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