Shraddha Prime Projects plans rights issue

What happened

In a filing with the BSE on 1 October 2026 at 07:46 PM, Shraddha Prime Projects (SHRADDHA) said that it has taken up rights issue.

From the filing: "The Record date for determing eligibility of the Equity Sharehodlers who are entited to receive the Rights Issue Entitlement in the Rights Issue shall be Thursday, October 15 2026 (Record Date)"

Company snapshot

Shraddha Prime Projects is a micro-cap company, with a market value of about ₹627 crore.

The stock last traded at ₹155.1, against a 52-week range of ₹142–₹179 (13.3% below the high).

Before this filing the shares had moved −8.2% over the month. Average daily turnover over the last 20 sessions was about ₹0.09 crore.

Promoters held 74.78% at the end of Q1 FY27; 23.17% of promoter shares were pledged.

What history shows

BCEIE's records show 1 previous fund raising filing from the company since May 2026.

Market-wide, 1,485 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 48% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

• How the money raised is used and, for equity instruments, the dilution for existing shareholders.

In the news

Recent coverage elsewhere (links open the original publisher):

• Shraddha Prime Projects schedules 34th AGM for September 28, 2026 — scanx.trade, 29 Sept 2026
• Shraddha Prime Projects Ltd. Key Financial Ratios – Valuation, Profitability & More — valueresearchonline.com, 21 Sept 2026
• Shraddha Prime Projects updates official email address for all communications — scanx.trade, 23 Sept 2026
• Shraddha Prime shareholders approve ₹5,000 crore borrowing cap — scanx.trade, 29 Sept 2026
• Shraddha Prime board to set rights issue price, ratio on Oct 1 — scanx.trade, 23 Sept 2026

Source

• Exchange filing (PDF)