Shraddha Prime Projects Ltd. has announced key changes to its board of directors following a meeting held on April 9, 2026. The company has appointed a new director while accepting the resignation of an existing board member, in compliance with SEBI listing regulations.

Board Meeting Outcomes

The board meeting, which commenced at 12:30 p.m. and concluded at 12:55 p.m., addressed two significant matters related to board composition. The decisions were made in accordance with Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Director Profile

Mr. Vinay Madhukar Nayak brings significant international business expertise to the board. He holds a Master's Degree in International Business from the University of Wales - Cardiff, UK. His extensive experience in retail sales and operations is expected to benefit the company's business operations.

Resignation Details

Mr. Ramchandra Krishnakant Ralkar submitted his resignation as Non-Executive Director, citing professional commitments and personal reasons. In his resignation letter dated April 8, 2026, he confirmed that there were no other material reasons for his departure beyond those mentioned. The resignation became effective from the closure of working hours on April 8, 2026.

Regulatory Compliance

The company has provided detailed disclosures as required under Regulation 30 of SEBI regulations, including comprehensive information about both the appointment and resignation. The announcements were made to the Bombay Stock Exchange, where the company trades under the symbol SHRADDHA with script code 531771. The company has also submitted the necessary documentation in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company Background

Shraddha Prime Projects Ltd., formerly known as Towa Sokki Limited, operates under the tagline "Constructing Value." The company maintains its corporate office at Kanara Business Centre Premises in Ghatkopar East, Mumbai, and continues to focus on its core business operations while strengthening its board composition.

Shraddha Prime Projects Ltd has announced the appointment of Adfactors PR Private Limited as its Investor Relations Agency, effective April 1, 2026. The company informed BSE Limited about this strategic appointment under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Partnership Details

The appointment establishes a partnership with Adfactors PR Private Limited, which holds CIN U74140MH1997PTC110210. The company has positioned this agency as one of India's leading strategic communications firms that will work to strengthen investor engagement and enhance brand visibility.

Scope of Services

Adfactors PR will handle multiple aspects of the company's communications strategy. The agency's responsibilities include:

• Managing external capital market communications
• Investor positioning aligned with business objectives
• Supporting stakeholder communications
• Enhancing overall brand visibility

Company's Strategic Vision

The appointment reflects Shraddha Prime Projects Ltd's continued commitment toward strengthening stakeholder communication and enhancing transparency. The company emphasized that this move supports effective investor relations and media outreach as part of its broader business strategy.

The announcement was signed by Sudhir Balu Mehta, Managing Director (DIN: 02215452), and communicated to BSE Limited where the company trades under the symbol SHRADDHA with script code 531771.