Shraddha Prime Projects Ltd — Important, 17-11-2025: Company Update

Shraddha Prime Projects Ltd. has announced a board meeting on November 21, 2025. The key agenda is to consider a proposal for fundraising up to Rs. 60 Cr. This will be achieved through the issuance of Secured Redeemable Non-Convertible Debentures (NCDs), each with a face value of Rs. 1 Lac. These NCDs will be offered to investors categorized as non-promoters. This initiative aims to secure capital, potentially supporting business expansion or operational needs, which is a significant development for the company's financial strategy.