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Shradha Infraprojects Limited (SHRADHA)

₹29.26 -0.48% last close, 16 Oct

📊 NSE: SHRADHA 🏢 Construction 📢 Latest filing: 04 Sep 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Shradha Infraprojects' revenue was ₹23.7 Cr (-9.5% year on year, -42.2% on the previous quarter), and net profit ₹4.2 Cr (-19.1% year on year); the operating margin was 11.2%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹23.7	-9.5%	-42.2%
Operating profit	₹2.7	-60.6%	-70.5%
Net profit	₹4.2	-19.1%	-65.0%
EPS (₹)	0.44	-41.3%	-68.6%
Operating margin	11.2%	—	—

Full quarterly financials → Results calendar →

SHRADHA delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 76.03% of the SHRADHA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 73.82%. That is close to its usual level. Turnover was only ₹6 lakh, so a handful of trades can move this figure.

76.03%Delivery, 16 Oct

73.82%Own 20-session average

1.4×Volume vs its average

₹29.26NSE close · -0.48%

Delivery in the last 5 sessions: 80.4% · 81.7% · 78.7% · 99.2% · 76.0%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Shradha Realty Submits Scrutinizer Report for 29th AGM Held on Sep 4, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 04 Sep 2026, 10:05 PM

Shradha Realty Limited has submitted the Scrutinizer's Report for its 29th Annual General Meeting (AGM) held on September 4, 2026, via Video Conferencing. The report confirms voting by electronic means (remote e-voting from September 1 to September 3, 2026, and e-voting during the AGM). The cut-off date to determine shareholder voting eligibility was August 28, 2026. The submission is a standard regulatory filing detailing voting outcomes on ordinary and special resolutions.

29th Annual General Meeting conducted on Friday, September 4, 2026, at 11:45 AM via VC/OAVM
Cut-off record date for voting eligibility set as August 28, 2026
Remote e-voting window was open from September 1, 2026 (09:00 AM) to September 3, 2026 (05:00 PM)
Notices dispatched to 6,470 shareholders based on depository BENPOS data

💡 Track subsequent filings for formal disclosure of business resolutions passed and look out for upcoming quarterly earnings (Q2 FY27) disclosures.

Shradha Realty Submits Scrutinizer Report for 29th AGM Held on September 04, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 04 Sep 2026, 10:03 PM

Shradha Realty Limited has submitted the Scrutinizer's Consolidated Report for its 29th Annual General Meeting (AGM) held on September 04, 2026, via Video Conferencing. The report covers voting by electronic means, including remote e-voting conducted between September 01, 2026, and September 03, 2026, and e-voting during the meeting. The cut-off date for determining voting eligibility was August 28, 2026, across a shareholder base of over 6,470 members. All ordinary and special resolutions placed before the AGM were processed in compliance with SEBI and MCA regulations.

29th Annual General Meeting successfully conducted via VC/OAVM on September 04, 2026
Cut-off date for voting eligibility was August 28, 2026
Remote e-voting window was open from September 01, 2026 (09:00 AM) to September 03, 2026 (05:00 PM)
Notices dispatched to 6,532 shareholders based on initial BENPOS data, with 257 additional notices sent on August 14, 2026

💡 Track subsequent exchange filings for the formal disclosure of resolution outcomes and execution milestones on ongoing real estate developments.

Shradha Realty AGM Approves Rs 0.60 Dividend, Rs 10 Cr RPT & Re-appoints Key Directors

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 04 Sep 2026, 06:59 PM

Shradha Realty Limited concluded its 29th Annual General Meeting on September 4, 2026. Shareholders approved a final dividend of 30% (Rs 0.60 per share of face value Rs 2) for FY26 along with audited financials. The meeting also approved a 3-year re-appointment for Managing Director & CFO Nitesh Sanklecha and Whole-Time Director Shreyas Raisoni, as well as a Rs 10 crore related-party investment by subsidiary Active Infrastructures Limited into Stargate Ventures LLP.

Approved final dividend of Rs 0.60 per share (30% on Rs 2 face value) for FY26
Sanctioned related-party investment up to Rs 10 crore by subsidiary Active Infrastructures Ltd into Stargate Ventures LLP
Re-appointed MD & CFO Nitesh Sanklecha and Whole-Time Director Shreyas Raisoni for 3-year tenures from September 5, 2026
Management addressed queries regarding the deployment of the ~Rs 121.50 crore rights issue and construction cost management

💡 Track the formal submission of final voting results scrutinizer report and the dividend payout timeline.

Shradha Realty Executes 3 Sale Deeds in Nagpur Project for Rs 77.57 Lakhs

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 02 Sep 2026, 05:02 PM

Shradha Realty Limited has executed and registered three sale deeds for residential flats in its 'ABHIMAN NIWAS' project in Hingna, Nagpur. The total consideration received is Rs. 77.57 Lakhs, with full consideration paid and possession delivered on September 2, 2026. The transaction represents standard real estate inventory monetisation and accounts for less than 1% of the company's TTM revenue of Rs. 113 Cr.

Executed and registered 3 sale deeds on September 2, 2026, in the 'ABHIMAN NIWAS' project in Nagpur.
Total transaction value stands at Rs. 77,56,800 across the three residential units.
Units sold include two flats of 57.122 sq. mtrs. at Rs. 29,14,000 each and one flat of 35.046 sq. mtrs. at Rs. 19,28,800.
Transactions are completed with 100% consideration received and possession delivered; no related-party involvement.

💡 Track overall project sales velocity and inventory liquidation pace in quarterly revenue disclosures.

Shradha Realty Issues Corrigendum to FY26 Annual Report Correcting Prior Year EPS to ₹1.92

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 29 Aug 2026, 07:19 PM

Shradha Realty Limited has issued a corrigendum to its FY 2025-26 Annual Report and 29th AGM Notice regarding minor typographical corrections. Key changes include correcting previous year's Basic and Diluted EPS from ₹1.69 to ₹1.92 in standalone financial statements where wrongly cited, and clarifying that subsidiary Active Infrastructures Limited's fund deployment to Stargate Ventures LLP is an 'Investment in Capital' rather than a 'Loan'. The company confirmed these corrections do not alter substantive financial performance, auditor reports, or voting rights.

Standalone prior year Basic and Diluted EPS corrected from ₹1.69 to ₹1.92 across relevant sections
Item No. 6 RPT explanation amended to classify funds to Stargate Ventures LLP as 'Investment in Capital' instead of 'Loan'
Updated TDS on dividend instructions to reflect the provisions of Income-tax Act, 2025 effective April 1, 2026
Correction made to the disclosure of shares held by the Appointee Director

💡 Track proceedings and voting outcomes at the upcoming 29th Annual General Meeting, as well as operational updates on real estate project execution.

Shradha Realty's Unit Acquires Nagpur Property for ₹35.71 Cr via Two Sale Deeds

🟢 POSITIVE ⭐ 9/10

EXPANSION 📅 21 Aug 2026, 04:41 PM

Shradha Realty Limited's step-down subsidiary, Raghukul Shradha Realty LLP, has executed and registered two sale deeds on August 21, 2026, to acquire a prime property in Shivaji Nagar, Nagpur. The acquisition comprises a 1,337.76 sq. mtrs. (14,400 sq. ft.) plot with an existing double-storied residential structure for an aggregate consideration of ₹35.71 Cr (₹17.856 Cr for each 50% undivided share). This property acquisition represents approximately 31.6% of the company's TTM revenue of ₹113 Cr and 16.6% of its net worth (₹215 Cr). The consideration was paid in full, possession has been taken, and the transaction is with non-related third parties for real estate development activities.

Acquisition of 1,337.76 sq. mtrs. (14,400 sq. ft.) land parcel at Shivaji Nagar, Nagpur for real estate development
Total consideration of ₹35.71 Cr paid in full across two registered sale deeds of ₹17.856 Cr each
Acquisition value represents ~31.6% of TTM revenue (₹113 Cr) and ~12.6% of market capitalization (₹283 Cr)
Transaction completed on August 21, 2026, with immediate possession delivered to the subsidiary
Confirmed to be an arm's length transaction with unrelated parties

💡 Track subsequent disclosures regarding project launch timelines, development format (residential vs commercial), approvals, and funding structure for the construction phase.

12,150.00 Raised via Rights Issue: Shradha Realty Reports Zero Deviation in Fund Utilization

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 13 Aug 2026, 09:37 PM

Shradha Realty Limited has confirmed zero deviation in the utilization of 12,150.00 raised through a Rights Issue dated October 6, 2025. As of the quarter ended June 30, 2026, the company has fully deployed 7,500.00 as a loan to its wholly-owned subsidiary. Utilization for working capital stands at 1,369.11 against an allocation of 1,650.00, while general corporate purposes have utilized 2,936.00 of the 2,950.00 allocated. The monitoring agency, Brickwork Ratings India Pvt Ltd, has reviewed and confirmed these figures.

Total funds raised via Rights Issue on October 6, 2025, amounted to 12,150.00.
Zero deviation reported in the objects or purposes for which the funds were originally raised.
7,500.00 fully utilized for investment by way of loan (debt) to a wholly-owned subsidiary.
1,369.11 utilized for working capital requirements out of an allocated 1,650.00 as of June 30, 2026.
2,936.00 utilized for general corporate purposes against an original allocation of 2,950.00.

💡 Investors should monitor the deployment of the remaining 280.89 in working capital and the subsequent impact of the 7,500.00 subsidiary investment on consolidated interest income or business growth.

Aug 21 Record Date for Dividend; Rs 115.27 Cr Rights Issue Proceeds Utilized

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 13 Aug 2026, 09:33 PM

Shradha Realty has finalized August 21, 2026, as the record date for its final dividend following its Q1 FY27 board meeting. The company reported that it has utilized Rs 115.27 crore out of the Rs 121.50 crore raised via its Rights Issue, with Rs 75 crore directed as debt to its wholly-owned subsidiary. Key leadership, including MD & CFO Nitesh Sanklecha, has been re-appointed for a three-year term starting September 2026. The board also approved material related party transactions between its subsidiary, Active Infrastructures, and Stargate Ventures LLP.

Record date for final dividend payment fixed as August 21, 2026.
Rs 115.27 crore of the Rs 121.50 crore Rights Issue proceeds utilized as of June 30, 2026.
Rs 75 crore allocated as debt to a wholly-owned subsidiary from the Rights Issue funds.
Re-appointment of MD & CFO Nitesh Sanklecha for a 3-year term effective September 5, 2026.
29th Annual General Meeting scheduled for September 4, 2026, via video conferencing.

💡 Investors should monitor the full Q1 FY27 financial results for margin trends and track the progress of the Nagpur-based real estate projects funded by the Rights Issue proceeds.

₹23.69 Cr Q1 Revenue; Shradha Realty Reports 41% YoY EPS Decline and ₹0.60 Dividend

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 13 Aug 2026, 08:07 PM

Shradha Realty reported a weak start to FY27, with consolidated revenue declining 9.5% YoY to ₹23.69 Cr and EPS dropping 41% to ₹0.44. The core Infrastructure segment saw a 17% YoY revenue contraction to ₹20.79 Cr, although the smaller Real Estate segment grew from ₹1.15 Cr to ₹2.90 Cr. Profitability was significantly impacted, with Profit Before Tax falling to ₹5.59 Cr from ₹6.99 Cr YoY. The board has fixed August 21, 2026, as the record date for a final dividend of ₹0.60 per share.

Consolidated revenue for Q1 FY27 fell to ₹23.69 Cr from ₹26.18 Cr in Q1 FY26
Basic EPS declined sharply to ₹0.44 compared to ₹0.75 in the same quarter last year
Infrastructure segment revenue contracted by 17% YoY to ₹20.79 Cr
Final dividend of ₹0.60 per share (30% of face value) proposed for FY25-26
Record date for dividend payment and AGM e-voting set for August 21, 2026

💡 Investors should monitor if the growth in the Real Estate segment can scale sufficiently to offset the current slowdown in the Infrastructure division. The upcoming AGM on September 4, 2026, will be key for confirming management continuity and dividend payouts.

Shradha Realty Schedules 29th AGM for Sept 4, 2026; Releases FY26 Annual Report

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Aug 2026, 07:45 PM

Shradha Realty Limited (formerly Shradha Infraprojects) has scheduled its 29th Annual General Meeting for September 4, 2026. The company released its FY26 Annual Report, confirming a total revenue of ₹115.18 cr and a net profit of ₹29.19 cr for the fiscal year. The report highlights a strategic pivot towards a specialized 'Realty' identity and the consolidation of Nagpur-based assets, including the 100% ownership goal for Suntech Infraestate Nagpur Private Limited. The company maintains a strong balance sheet with zero debt and a net worth of ₹215 cr.

29th Annual General Meeting scheduled for Friday, September 4, 2026, at 11:45 AM via video conferencing.
FY26 Revenue reported at ₹115.18 cr, representing a 8% growth over FY25 revenue of ₹106.59 cr.
Net Profit for FY26 stood at ₹29.19 cr, up from ₹22.09 cr in the previous fiscal year.
Company maintains a zero debt-to-equity ratio with a total net worth of ₹215 cr as per latest context.
Strategic acquisition of SINPL preference shares for ₹11.60 cr, representing 10.88% of annual turnover.

💡 Investors should review the Annual Report for details on the execution timeline of the ₹37.18 cr RCC structure in Nagpur and management's commentary on the Nagpur real estate market outlook during the AGM.

₹0.60 Final Dividend Announced; Q1 FY27 Revenue Declines 9.5% YoY to ₹23.69 Cr

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 13 Aug 2026, 06:14 PM

Shradha Realty reported a consolidated revenue of ₹23.69 Cr for Q1 FY27, representing a 9.5% decline from ₹26.18 Cr in the same quarter last year. Profitability also saw a compression, with EPS dropping to ₹0.44 from ₹0.75 YoY. The Board has recommended a final dividend of ₹0.60 per share (30% of face value) for FY26, with a record date of August 21, 2026. Additionally, the Managing Director & CFO and the Whole Time Director have been re-appointed for three-year terms starting September 2026.

Consolidated Revenue for Q1 FY27 stood at ₹23.69 Cr, down 9.5% from ₹26.18 Cr in Q1 FY26.
Proposed final dividend of ₹0.60 per equity share (30% of ₹2 face value) for the financial year ended March 31, 2026.
Infrastructure segment remains the primary driver, contributing ₹20.79 Cr (87.7%) to total revenue.
Real Estate segment revenue increased to ₹2.90 Cr from ₹1.15 Cr in the year-ago period.
Re-appointment of Mr. Nitesh Sanklecha as MD & CFO and Mr. Shreyas Raisoni as Whole Time Director for 3 years effective Sept 5, 2026.

💡 Investors should monitor the company's transition from infrastructure to real estate services, as the 'Realty' segment currently contributes only ~12% of revenue. Watch for the impact of the ₹37.18 Cr RCC structure acquisition on future real estate segment margins.

₹0.60 Dividend and Q1 Results: Shradha Realty Revenue Declines 9.5% YoY to ₹23.69 Cr

🔴 NEGATIVE ⭐ 6/10

EARNINGS 📅 13 Aug 2026, 06:10 PM

Shradha Realty reported a consolidated revenue of ₹23.69 cr for Q1 FY27, representing a 9.5% decline from ₹26.18 cr in Q1 FY26. Profit Before Tax (PBT) also saw a contraction, falling 20% YoY to ₹5.59 cr from ₹6.99 cr. The board has recommended a final dividend of ₹0.60 per share (30% of face value) for FY26, with the record date set for August 21, 2026. Additionally, the Managing Director and Whole Time Director have been re-appointed for three-year terms starting September 2026.

Consolidated revenue for Q1 FY27 decreased to ₹23.69 cr from ₹26.18 cr in the previous year's corresponding quarter.
Profit Before Tax (PBT) for the quarter stood at ₹5.59 cr, down 20% from ₹6.99 cr in Q1 FY26.
Proposed a final dividend of ₹0.60 per equity share (30% of ₹2 face value) for the financial year ended March 31, 2026.
Infrastructure segment remains the primary revenue driver, contributing ₹20.79 cr (87.7% of total revenue) in Q1 FY27.
Managing Director & CFO Nitesh Sanklecha re-appointed for a 3-year term effective September 5, 2026.

💡 Investors should monitor the company's transition from infrastructure to higher-margin realty projects and track if the decline in quarterly PBT is a one-off or a trend in the Nagpur market.

August 21, 2026, Fixed as Record Date for Shradha Realty Final Dividend

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 13 Aug 2026, 06:03 PM

Shradha Realty Limited has scheduled August 21, 2026, as the record date for its final dividend for the fiscal year. This follows the board meeting held on August 13, 2026, where the dividend was recommended, pending shareholder approval at the upcoming 29th Annual General Meeting. The company currently operates with a healthy financial profile, including a TTM PAT of Rs 29 Cr and zero debt. Investors must hold shares by the record date to be eligible for the payout once approved.

Record date for final dividend payment fixed for August 21, 2026.
Dividend is subject to approval at the 29th Annual General Meeting.
Announcement follows the board meeting conducted on August 13, 2026.
Company maintains a debt-free balance sheet with a net worth of Rs 215 Cr.

💡 Monitor the upcoming Annual General Meeting (AGM) results for the formal approval of the dividend amount and the subsequent payment timeline.

Shradha Realty Q1 Revenue Drops 9.5% to ₹23.68 Cr; ₹0.60 Final Dividend Declared

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 13 Aug 2026, 06:00 PM

Shradha Realty reported a consolidated revenue of ₹23.68 Cr for Q1 FY27, representing a 9.5% decline compared to ₹26.18 Cr in Q1 FY26. Profitability saw a sharper contraction, with Basic EPS falling to ₹0.44 from ₹0.75 in the same period last year. The Board has recommended a final dividend of ₹0.60 per share (30% of face value) for FY26, with a record date of August 21, 2026. The Infrastructure segment remains the primary revenue driver at ₹20.79 Cr, despite a 17% YoY decline in that specific vertical.

Consolidated Q1 FY27 revenue stood at ₹23.68 Cr, down from ₹26.18 Cr in Q1 FY26.
Basic EPS for the quarter declined to ₹0.44 from ₹0.75 in the corresponding previous year quarter.
Proposed final dividend of ₹0.60 per share on a face value of ₹2.00 for FY26.
Infrastructure segment revenue contracted to ₹20.79 Cr from ₹25.04 Cr YoY.
Real Estate segment revenue grew to ₹2.90 Cr from ₹1.15 Cr YoY, showing a pivot toward realty services.

💡 Monitor the company's transition from infrastructure to real estate development and the impact of the SINPL subsidiary consolidation on future margins. The final dividend is subject to shareholder approval at the AGM on September 4, 2026.

₹17.86 Cr Property Acquisition in Nagpur by Step-down Subsidiary

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 24 Jul 2026, 06:33 PM

Shradha Realty's step-down subsidiary, Raghukul Shradha Realty LLP, has executed an agreement to acquire a leasehold plot in Shivaji Nagar, Nagpur, for ₹17.86 Cr. This acquisition is significant, representing approximately 15.5% of the company's TTM revenue of ₹115 Cr and 8.3% of its net worth. The property, which includes an existing residential structure, is intended for real estate development activities. The transaction is with non-related parties and aligns with the company's strategy to consolidate its presence in the Nagpur realty market.

Acquisition of Nagpur Improvement Trust leasehold Plot No. 25 for a total consideration of ₹17,85,60,000
Transaction value represents ~15.5% of the company's TTM revenue of ₹115 Cr
Acquisition executed by step-down subsidiary Raghukul Shradha Realty LLP
Property located in Shivaji Nagar, Nagpur, intended for real estate development
Sellers are non-related parties, ensuring the transaction is not a Related Party Transaction

💡 Investors should monitor the timeline for the final conveyance deed execution and subsequent project launch details to estimate future revenue potential from this site.

View All SHRADHA Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The company reported an annual consolidated turnover of INR 106.59 Cr (INR 10,658.65 lakh) for FY 2024–25. Specific percentage growth by segment is not disclosed in the provided documents.

Geographic Revenue Split

Operations appear concentrated in Nagpur, Maharashtra, where the registered office and major property acquisitions (INR 37.18 Cr) are located. Specific regional percentage splits are not disclosed.

Capital Expenditure

Planned and historical expenditure includes a lump sum consideration of INR 37.18 Cr (INR 37,17,50,000) for the purchase of a property with an RCC building structure by subsidiary Solus Ventures LLP in December 2025. Additionally, INR 11.60 Cr is allocated for the acquisition of preference shares in SINPL.

Credit Rating & Borrowing

The acquisition of SINPL preference shares for INR 11.60 Cr is funded entirely through internal accruals, resulting in 0% financial indebtedness for this transaction. General borrowing costs and credit ratings are not disclosed.

⚙️ Operational Drivers

Raw Materials

Land and finished RCC (Reinforced Cement Concrete) building structures represent the primary assets/inputs for the realty business, as evidenced by the INR 37.18 Cr property acquisition.

Import Sources

Sourcing appears localized to Nagpur, Maharashtra, based on the location of the acquired property and the registered office.

Key Suppliers

Sarthak Electromech Private Limited is identified as a major vendor/seller for a property transaction valued at INR 37.18 Cr.

Capacity Expansion

The company is expanding its asset base through the acquisition of a finished RCC building structure in Nagpur for INR 37.18 Cr and consolidating 100% ownership of Suntech Infraestate Nagpur Private Limited (SINPL).

Manufacturing Efficiency

Not applicable as the company operates in the infrastructure and realty sectors.

📈 Strategic Growth

Growth Strategy

Growth will be achieved through the consolidation of 100% ownership (equity and preference) of Suntech Infraestate Nagpur Private Limited to improve financial integration. The company is also executing a strategic rebranding to 'Shradha Realty' to align with its expanding business focus and has committed INR 37.18 Cr to new property acquisitions to grow its real estate portfolio.

Products & Services

Real estate development projects, infrastructure projects, and finished RCC building structures.

Brand Portfolio

Shradha, Shradha Infraprojects, and the proposed Shradha Realty.

New Products/Services

The company is pivoting its primary identity toward 'Realty' services, moving away from a general 'Infraprojects' label.

Market Expansion

Expansion is focused on consolidating the Nagpur market through subsidiaries like Solus Ventures LLP and Suntech Infraestate Nagpur Private Limited.

Strategic Alliances

Key internal alliances include Solus Ventures LLP (fellow subsidiary), Active Infrastructures Limited (subsidiary), and Riaan Ventures Private Limited (promoter group partner).

🌍 External Factors

Industry Trends

The industry is seeing a shift toward specialized realty branding and consolidation of subsidiary holdings to improve transparency, which the company is following through its name change and 100% SINPL ownership goal.

Competitive Landscape

Competes with other regional real estate and infrastructure developers in the Maharashtra region.

Competitive Moat

The company's moat is built on its established presence in the Nagpur region and its ability to fund significant acquisitions (INR 11.60 Cr) through internal accruals rather than debt.

Macro Economic Sensitivity

Highly sensitive to interest rate changes affecting real estate demand and urban development policies in Maharashtra.

Consumer Behavior

Demand is driven by the need for finished commercial and residential RCC structures in developing urban hubs.

Geopolitical Risks

Low, given the localized nature of real estate and infrastructure operations in Nagpur.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by the Companies Act 2013 and specific real estate development norms. The company is currently seeking shareholder approval for a material Related Party Transaction under Regulation 23(1) of SEBI LODR.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty involves the successful approval and integration of the material related party transaction (10.88% of turnover) and the market reception of the new 'Shradha Realty' brand.