Shraddha Prime Projects Ltd — Important, 31-10-2025: Company Update

Shraddha Prime Projects Ltd. has applied to the stock exchange for the reclassification of certain individuals/entities from the promoter and promoter group categories. The company's Board of Directors considered and approved the submission of this application for the stock exchange's review and approval. This action is significant as it signals a potential shift in how key shareholders are categorized, which can impact the company's overall ownership structure and influence perceptions regarding corporate governance. The company is committed to taking all necessary subsequent steps for this reclassification.