Shradha Infraprojects Limited — Important, 05-08-2025: General Updates
05-08-2025 | 07:29 pm
05-08-2025 | 07:29 pm
Shradha Infraprojects' material subsidiary, Active Infrastructures, has approved divesting its entire 49.99% capital contribution in two associate LLPs, Devansh Dealtrade LLP and Godhuli Vintrade LLP. This move involves Active Infrastructures resigning as a partner, effectively exiting its stake in these entities. The transaction is for cash and is expected to complete within 90 days. This operational change, following the Audit Committee's review, streamlines the subsidiary's investments by exiting non-core assets.
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