Shraddha Prime Projects Ltd — Important, 19-01-2026: Company Update

Shraddha Prime Projects is seeking shareholder approval for two key initiatives. The company plans to increase its authorized share capital from ₹45 Cr to ₹65 Cr, adding ₹20 Cr in equity shares. This move aims to enable future capital raises for business expansion through bonus or rights issues. Additionally, shareholders will vote on confirming Mr. Ashok Uttam Chandanshive as an Independent Director for a five-year term. A qualified CA and LLB with vast experience in banking, finance, and corporate law, his appointment will bolster the board's expertise and governance.