Shraddha Prime Projects received in-principle approval from BSE Limited on September 22, 2026, for the listing of partly paid-up equity shares proposed under a rights issue.

The approval was granted under letter reference number LOD/RIGHT/AM/FIP/812/2026-27. This development follows earlier intimations regarding the company's proposed fund-raising exercise through the issuance of equity shares on a rights basis.

Regulatory compliance and next steps

The proposed rights issue remains subject to the company fulfilling all necessary post-issue requirements. Shraddha Prime must also comply with relevant statutory, legal, and listing formalities as stipulated by the Securities and Exchange Board of India (SEBI) and the exchange.

The company submitted this intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at National Stock Exchange of India Limited.

Key details of the approval

The Managing Director, Sudhir Mehta, signed the letter dated September 23, 2026, confirming the receipt of this regulatory nod. The company has requested the exchanges to take the information on record.

Shraddha Prime Projects has scheduled its 34th Annual General Meeting for Monday, September 28, 2026. The meeting will be conducted via Video Conferencing or Other Audio Visual Means without a physical quorum.

The company will close its register of members and share transfer books from Tuesday, September 22, 2026, to Monday, September 28, 2026, inclusive. This closure facilitates the determination of eligible shareholders for the AGM.

E-Voting and Participation Details

In compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (LODR) Regulations, 2015, the company is offering remote e-voting facilities.

Remote e-voting will commence on Friday, September 25, 2026, at 9:00 am and conclude on Sunday, September 27, 2026, at 5:00 pm. The cut-off date to determine voting eligibility is Monday, September 21, 2026. Shareholders who have not voted remotely may exercise their rights during the AGM itself. However, those who vote remotely cannot vote again at the meeting.

Document Availability

The Notice of AGM and the Annual Report have been dispatched electronically to members with registered email addresses. Physical copies are being sent to those without registered emails. Both documents are available on the company’s website and the BSE Limited website.

For assistance with e-voting, shareholders may refer to the help section on the NSDL e-voting portal or contact the provided toll-free numbers.