Shradha Realty Holds 29th AGM, Approves Dividend and Director Re-appointments
Shradha Realty's 29th AGM on September 4, 2026, approved the FY26 audited financial statements and a final dividend of 30% (₹0.60 per share). Directors Nitesh Sanklecha and Shreyas Raisoni were re-appointed for three years. An investment of up to ₹10 Crore via related party transaction was also approved.
The dividend payout, director re-appointments, and approval of a related party transaction are significant corporate actions that impact the company's governance and financial operations.
The company held its AGM successfully, approved financial statements, declared a dividend, and re-appointed key directors, indicating stable governance and shareholder confidence.
Shradha Realty Limited (formerly Shradha Infraprojects Limited) held its 29th Annual General Meeting (AGM) on Friday, September 4, 2026, through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting, which commenced at 11:45 AM and concluded at 12:26 PM, saw shareholders approve key agenda items.
These approvals included the adoption of the audited financial statements (Standalone & Consolidated) for the financial year ended March 31, 2026. Shareholders also approved the payment of a final dividend of 30%, amounting to ₹0.60 per equity share of face value ₹2 each, for the financial year 2025-2026. Additionally, the re-appointment of Mr. Nitesh Vinaykumar Sanklecha as a Director, Managing Director & Chief Financial Officer (CFO) and Mr. Shreyas Sunil Raisoni as a Whole-Time Director was approved for a period of three years, effective September 5, 2026.
The AGM also saw the approval of a proposed related party transaction involving Shradha Realty's material subsidiary, Active Infrastructures Limited, and Stargate Ventures LLP, for investments up to an aggregate amount of ₹10 Crores. The company's financial performance for FY 2025-26 was highlighted, with standalone Profit After Tax at ₹2,068.42 lakhs and consolidated Profit After Tax at ₹2,980.87 lakhs. Management addressed shareholder queries regarding future growth, rights issue utilization, construction costs, and return on capital employed.
A plain-language summary of a public exchange filing by Shradha Realty Limited. Read the original for the full detail.
