Board of Directors at its meeting held on October 06, 2025, has approved allotment of 30374088 Rights Equity…
As filed · Shradha Infraprojects Limited has informed the Exchange that Board of Directors at its meeting held on October 06, 2025, has approved allotment of 30374088 Rights Equity Shares of the face value of Rs
What happened
FactShradha Infraprojects Limited has informed the Exchange that Board of Directors at its meeting held on October 06, 2025, has approved allotment of 30374088 Rights Equity Shares of the face value of Rs 2/- each at a price of Rs 40/- (including a share premium of Rs 38/- per Equity Share). Four Thousand Eighty-Eight) fully paid-up Equity Shares having a face value of ₹2/-. ₹12,149.64 Lakhs, to the eligible shareholders and/or renouncees under the Rights Issue.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
Watch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
Evidence
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%