NSEGeneral Updates24 Jul 2026 · 24 Jul 2026, 05:44 pm
General Updates
Shradha Realty Limited · SHRADHA
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Shradha Realty Limited has informed the Exchange about the execution of an Agreement to Sell by its step-down subsidiary, Raghukul Shradha Realty LLP, for the acquisition of an immovable property in Nagpur for ₹17.85 crore.
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Shradha Realty Limited has informed the Exchange about General Updates
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Through Online Filing Friday, 24th July 2026
Ref. SIL/CS/542
The Manager - Listing Department,
National Stock Exchange of India Limited Exchange
Plaza, C-1, Block –G, Bandra Kurla Complex, Bandra (East), Mumbai- 400051
Symbol: SHRADHA ISIN: INE715Y01031
Subject: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 – Execution
of Agreement to Sell by step-down Subsidiary - Raghukul Shradha Realty LLP for
Acquisition of Property.
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 and SEBI Master Circular dated November 11,
2024, we wish to inform you that Raghukul Shradha Realty LLP, a step-down subsidiary of the
Company through Active Infrastructures Limited (subsidiary of the Company) and Achievers
Ventures Private Limited (wholly owned subsidiary of Active Infrastructures Limited), has
executed an Agreement to Sell for acquisition of an immovable property situated at: Nagpur
Improvement Trust Leasehold Plot No. 25, Civil Station Expansion Scheme, Mashruwala
Marg, Cement Road, Shivaji Nagar, Nagpur – 440010, along with the existing residential
structure standing thereon.
The total consideration for the proposed acquisition is ₹17,85,60,000/- (Rupees Seventeen
Crore Eighty Five Lakh Sixty Thousand Only), exclusive of applicable stamp duty, registration
charges and other incidental expenses.
The proposed acquisition is in line with the business objectives of the LLP for undertaking real
estate development activities and shall be completed subject to the terms and conditions
contained in the Agreement to Sell.
The details as required under SEBI Master Circular dated November 11, 2024 are enclosed as
Annexure A.
It is requested to place the aforesaid information on records.
For Shradha Realty Limited
(Formerly, Shradha Infraprojects Limited)
Shrikant Huddar
Company Secretary & Compliance Officer
(ICSI Membership No. A38910)
Sr. Disclosure Requirement Details
1. Name(s) of parties with whom the Sellers / Vendors: 1. Shri Udayan Govindrao
agreement is entered Shrouti 2. Smt. Anita Udayan Shrouti 3. Shri
Chidanand Udayan Shrouti 4. Kumari Abhipsa
Udayan Shrouti
Purchaser: Raghukul Shradha Realty LLP, a
step-down subsidiary of Shradha Realty
Limited.
2. Purpose of entering into the The Agreement to Sell has been entered into for
agreement acquisition of Nagpur Improvement Trust
Leasehold Plot No. 25, Civil Station Expansion
Scheme, Mashruwala Marg, Cement Road,
Shivaji Nagar, Nagpur, together with the
proportionate portion of the existing residential
structure standing thereon, for development and
real estate activities.
3. Consideration to be paid / paid for The total consideration payable for acquisition
such acquisition/purchase of the aforesaid property is ₹17,85,60,000/-
(Rupees Seventeen Crore Eighty Five Lakh
Sixty Thousand Only), exclusive of applicable
stamp duty, registration charges and other
incidental expenses.
4. Expected date of completion of the The acquisition is expected to be completed
acquisition/purchase upon fulfilment of the terms and conditions
stipulated under the Agreement to Sell and
execution of necessary transfer/conveyance
documents.
5. Shareholding, if any, in the entity Not Applicable. The transaction relates to
with whom the agreement is acquisition of immovable property and does not
executed involve acquisition of shares or securities.
6. Significant terms of the agreement i. The Agreement to Sell provides for
(in brief) including advance paid, acquisition of the aforesaid immovable
payment schedule, and key property.
obligations
ii. The consideration shall be paid as per the
terms agreed between the parties.
iii. Completion of the transaction is subject to
fulfilment of customary terms and
conditions and execution of necessary
documents.
7. Whether the said parties are related The Sellers are not related to the Promoter,
to promoter/promoter group/group Promoter Group or Group Companies of
companies in any manner. If yes, Shradha Realty Limited.
nature of relationship
8. Whether the transaction would fall The transaction does not fall within the ambit of
within related party transactions? If Related Party Transaction under the applicable
yes, whether the same is done at provisions of the Companies Act, 2013 and
arm's length SEBI (LODR) Regulations, 2015.
9. In case of issuance of shares to the Not Applicable.
parties, details of issue price, class
of shares issued
10. In case of loan agreements, details Not Applicable.
of lender/borrower, nature of loan,
total amount of loan given/taken
11. Any other disclosures related to No nominee arrangement or potential conflict of
such agreements, viz., details of interest arises from the said Agreement to Sell.
nominee on the board of directors The transaction is undertaken by the step-down
of the listed entity, potential subsidiary of the Company as part of its real
conflict of interest arising out of estate development activities.
such agreements, etc.
12. In case of termination or Not Applicable as on date. Any amendment or
amendment of agreement, listed termination of the Agreement to Sell, if any,
entity shall disclose additional shall be disclosed to the Stock Exchanges in
details accordance with applicable provisions of SEBI
(LODR) Regulations, 2015.