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Shraddha Prime Projects Ltd. will hold a meeting of its Board of Directors on October 1, 2026, to consider and approve the issue price of equity shares for a proposed rights issue, the rights issue ratio, and the record date for determining eligibility for the rights issue, according to a filing with the BSE Limited.

Shraddha Prime Projects Ltd. informed the BSE Limited that the trading window for dealing in the company`s securities will be closed for directors, promoters, designated employees, and connected persons from October 1, 2026, until 48 hours after the declaration of the un-audited financial results for the second quarter and six months ended September 30, 2026.

Shraddha Prime Projects Limited announced that its Finance Committee approved the acquisition of 91% of Atharva Ventures Private Limited for Rs 91,000 and 100% of Shraddha Life Spaces Private Limited for Rs 10,36,98,200, making both entities subsidiaries of the company. The transactions, expected to be completed on or before August 20, 2026, are intended to expand Shraddha Prime Projects’ footprint in the real estate market and consolidate its assets, and the acquisition of Shraddha Life Spaces Private Limited is considered a related party transaction.

Shraddha Prime Projects will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Net profit of Shraddha Prime Projects rose 245.89% to Rs 23.14 crore in the quarter ended March 2026 as against Rs 6.69 crore during the previous quarter ended March 2025. Sales rose 287.02% to Rs 186.31 crore in the quarter ended March 2026 as against Rs 48.14 crore during the previous quarter ended March 2025.For the full year,net profit rose 118.59% to Rs 53.86 crore in the year ended March 2026 as against Rs 24.64 crore during the previous year ended March 2025. Sales rose 226.75% to Rs 508.35 crore in the year ended March 2026 as against Rs 155.58 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales186.3148.14 287 508.35155.58 227 OPM %12.6317.03 -13.0419.64 - PBDT30.109.35 222 78.7434.81 126 PBT30.069.33 222 78.6034.75 126 NP23.146.69 246 53.8624.64 119 Powered by Capital Market - Live News