Shraddha Prime Projects Ltd — Important, 20-03-2026: Company Update

Shraddha Prime Projects' Board approved a fund-raising plan of up to ₹ 97 crore via a Rights Issue. This strategic move allows existing shareholders to subscribe to new equity shares, strengthening the company's capital for future growth and operational needs. A Rights Issue Committee has been established to finalize crucial details, including the issue price, rights entitlement ratio, and the overall timing of the Rights Issue. This development is key for shareholders as it outlines the company's intent to raise capital directly from them.