Record Date for Rights Issue Entitlement fixed as Thursday, October 15, 2026

The Record Date to decide which shareholders get the rights issue entitlement is Thursday, October 15, 2026.

Thu 1 Oct 2026

Record Date

Thursday, October 15, 2026

Rights Issue Size

Rs. 96,96,24,000/-

Rights Shares

60,60,150 equity shares of Rs. 10/- each

Issue Price

Rs. 160/- per share

Entitlement Ratio

3 new shares for every 20 held

Shraddha Prime Projects Ltd's board met on Thursday, October 01, 2026 and considered and approved the terms of a rights issue, including its size, price and entitlement ratio. The board also fixed the Record Date for deciding which shareholders are eligible for the rights entitlement.

Record Date and eligibility

• The Record Date is Thursday, October 15, 2026.
• Eligibility is based on the equity shares held on that date.
• The rights entitlement of eligible shareholders will be credited in dematerialised form, in their demat accounts, before the issue opening date, under a separate ISIN allotted for the rights entitlements. The company has made arrangements with NSDL and CDSL for this credit.
• Being an eligible shareholder means the entitlement is credited; subscribing to it is a separate step in the rights issue process.

The rights issue in numbers

• Rights issue size: Rs. 96,96,24,000/-
• Rights shares: 60,60,150 equity shares of Rs. 10/- each
• Issue price: Rs. 160/- per equity share, including a premium of Rs. 150/- per equity share
• Entitlement ratio: 3 (Three) new equity shares for every 20 (Twenty) existing shares held on the Record Date
• Amount payable on application: Rs. 144/- per equity share, including a premium of Rs. 135/- per equity share, being 90% of the issue price
• Balance amount payable on subsequent call: Rs. 16/- per equity share, including a premium of Rs. 15/- per equity share, being 10% of the issue price

Merchant banker

• The company has appointed GYR Capital Advisors Private Limited as the new Merchant Banker for the proposed rights issue and other matters related thereto.
• This is in place of Almondz Financial Services Limited.

How to read this

• A rights issue offers existing shareholders the chance to buy new shares, generally in proportion to what they already hold. The entitlement ratio shows how many shares a shareholder can apply for — here, 3 for every 20 held.
• The money is paid in two parts: Rs. 144/- per share on application and Rs. 16/- per share on a subsequent call, so the full Rs. 160/- is not paid upfront.
• Applying for the entitlement is a choice. A shareholder who does not subscribe may see their percentage holding in the company reduce if other shareholders subscribe.
• The board meeting commenced at 06.00 P.M. and concluded at 07.00 P.M.

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