NSEGeneral Updates24 Jul 2026 · 24 Jul 2026, 06:33 pm

General Updates

Shradha Realty Limited · SHRADHA

✦ AI SummaryDivestiture

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 ₹17,85,60,000.

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Shradha Realty Limited has informed the Exchange about General Updates regarding Execution of Agreement to Sell by step-down Subsidiary - Raghukul Shradha Realty LLP for Acquisition of Property.

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SHRADHA_24072026183306_ShradhaUpdate24072026R.pdf

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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 today i.e. 24th July, 2026. 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) Annexure-A 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.