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Shraddha Prime Projects shareholders approved a rights issue of 60.6 million shares
01-Oct-2026, 08:58

Shraddha Prime Projects Ltd. informed the BSE that its members approved a rights issue of 60,60,150 equity shares with a face value of Rs 10 each at a price of Rs 160 per share, including a premium of Rs 150 per share, with a rights entitlement ratio of 3 shares for existing shareholders as of the record date of October 15, 2026; the company also appointed GYR Capital Advisors Private Limited as the new merchant banker, replacing Almondz Financial Services Limited for the rights issue.