Shraddha Prime Projects Ltd. (formerly Towa Sokki Limited) has informed the Bombay Stock Exchange about an upcoming board meeting scheduled for March 20, 2026. The meeting has been convened to consider and evaluate comprehensive fundraising proposals as part of the company's capital expansion strategy.

Meeting Agenda and Fundraising Options

The board meeting will focus on evaluating multiple fundraising mechanisms to strengthen the company's financial position. The directors will consider various modes of capital raising to support business growth and operational requirements.

Securities and Instruments

The fundraising proposal encompasses issuing various types of securities to provide flexibility in capital structure optimization. The company plans to evaluate multiple instrument options based on market conditions and strategic requirements.

The securities under consideration include:

• Equity shares
• Equity-linked securities
• Warrants
• Other eligible securities as permitted under regulations

Regulatory Compliance Framework

Any fundraising initiative will be subject to comprehensive regulatory approval processes. The company has outlined the key regulatory frameworks that will govern the proposed capital raising activities.

Communication and Disclosure

Shraddha Prime Projects Ltd. has committed to maintaining transparency throughout the process. The company will provide immediate updates to the stock exchange regarding the outcome of the board meeting upon its conclusion.

The formal intimation was communicated to the Bombay Stock Exchange under Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with mandatory disclosure requirements for listed companies.

Shraddha Prime Projects Limited has submitted a revised intimation to the Bombay Stock Exchange regarding the pledge creation by its promoter Mr. Sudhir Balu Mehta on equity shares of the company. The revision was necessitated due to a discrepancy identified by BSE wherein the post-event holding of encumbered shares was not tallying in the original submission.

Pledge Details

Mr. Sudhir Balu Mehta, promoter of Shraddha Prime Projects Limited, has created a pledge on 70,00,000 equity shares held by him in the company. The pledge was executed in favour of HDFC Bank Limited on February 28, 2026.

Purpose and Compliance

The pledge has been created as security for a loan availed by Shraddha Housing Projects Limited, where Mr. Sudhir Balu Mehta serves as a designated partner. The disclosure was made pursuant to Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Promoter Holdings

According to the disclosure format, Mr. Sudhir Balu Mehta holds 30,21,05,48 equity shares in Shraddha Prime Projects Limited, representing 74.78% of the total share capital. Prior to this pledge creation, he had no encumbered shares in the company.

Documentation and Disclosure

The company has uploaded the intimation along with relevant documents on its official website at shraddhaprimeprojects.in. The disclosure was signed by Company Secretary Neha Bharat Chhatbar on behalf of Shraddha Prime Projects Limited. Mr. Sudhir Balu Mehta also provided his separate disclosure letter to both the company and the stock exchange, digitally signed on March 12, 2026.