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Shradha Infraprojects Announces EGM for Strategic Acquisition

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Shradha Infraprojects Announces EGM for Strategic Acquisition

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Shradha Infraprojects Ltd. ( (IN:SHRADHA) ) has shared an announcement.

Shradha Infraprojects Ltd. has announced an Extraordinary General Meeting (EGM) scheduled for December 27, 2025, to discuss the acquisition of preference shares in Suntech Infraestate Nagpur Private Limited, a wholly-owned subsidiary. This acquisition, valued at up to ₹11.60 crores, involves a related party transaction with Riaan Ventures Private Limited. The move is part of the company’s strategy to strengthen its holdings and operational capabilities in the real estate sector, potentially impacting its market positioning and stakeholder interests.

More about Shradha Infraprojects Ltd.

Shradha Infraprojects Ltd. operates in the infrastructure sector, focusing on construction and real estate development. The company is involved in various projects, including residential and commercial properties, and aims to expand its market presence in the real estate industry.

Average Trading Volume: 63,510

Technical Sentiment Signal: Sell

Current Market Cap: 3.48B INR

See more insights into SHRADHA stock on TipRanks’ Stock Analysis page.

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