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An announcement from Shradha Infraprojects Ltd. ( (IN:SHRADHA) ) is now available.
Shradha Infraprojects Ltd. announced a correction regarding the timing of its upcoming Extraordinary General Meeting (EGM), which will now be held at 11:30 A.M. instead of the previously stated 11:00 A.M. The meeting will address the approval for acquiring preference shares of Suntech Infraestate Nagpur Private Limited, a related party transaction valued at ₹11.60 crores. This acquisition is part of the company’s strategic moves to strengthen its holdings and operational capabilities, potentially impacting its financial structure and stakeholder interests.
More about Shradha Infraprojects Ltd.
Shradha Infraprojects Ltd. operates in the infrastructure sector, focusing on real estate development and related services. The company is involved in various construction and development projects, catering to both residential and commercial markets.
Average Trading Volume: 62,669
Technical Sentiment Signal: Sell
Current Market Cap: 3.39B INR
Find detailed analytics on SHRADHA stock on TipRanks’ Stock Analysis page.