Outcome of meeting of Finance Committee held today i.e. 19th August, 2026

CIN: L70100MH1993PLC394793 ISIN : INE311M01018 Shraddha Prime Projects Ltd. (Formerly Known As Towa Sokki Limited) S H R A D D H A PRIME PROJECTS LTD. CONSTRUCTING VALUE Ref: D:/W/ Shraddha/BSE/2026-27 19th August 2026 The Manager-Listing, Corporate Relationship Department, BSE Limited Phiroz Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Symbol: SHRADDHA Script Code:531771 Sub: Outcome of the Meeting of Finance Committee held on 19th August 2026- Disclosure under Regulation 30 read with Schedule - III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”). Dear Sir/Ma’am, In accordance with the Regulation 30 read with Schedule – III of SEBI Listing Regulations, this is to inform that, the Finance Committee of Shraddha Prime Projects Limited (“Company”) at its meeting held today i.e., 19th August 2026, has: 1. Approved the proposal for Acquisition/Purchase (“Transaction”) of 91% (Ninety-One percent) of the total share capital of Atharva Ventures Private Limited, for an aggregate consideration not exceeding ₹ 91,000/- (Indian Rupees Ninety-One Thousand Only) from its existing shareholders, thereby making it a Subsidiary of the Company and 2. Approved the proposal for Acquisition/Purchase (“Transaction”) of 100% (One Hundred percent) of the total equity share capital of Shraddha Life Spaces Private Limited, for an aggregate consideration not exceeding ₹10,36,98,200 /- (Indian Rupees Ten Crore Thirty- Six Lakh Ninety-Eight Thousand Two Hundred Only), from its existing shareholders, thereby making it a Wholly Owned Subsidiary (WOS) of the Company. The meeting commenced at 05.00 P.M. and concluded at 05.30 P.M. shraddhaprimeprojects@gmail.com Registered Office: A – 309, Kanara Business Centre Premises CHS Ltd, Link Road, www.shraddhaprimeprojects.in Laxmi Nagar, Ghatkopar (East), Mumbai 400 075. Tel: 022 21646000 CIN: L70100MH1993PLC394793 ISIN : INE311M01018 Shraddha Prime Projects Ltd. (Formerly Known As Towa Sokki Limited) S H R A D D H A PRIME PROJECTS LTD. CONSTRUCTING VALUE The details in respect of the above transactions, as required to be disclosed under Regulation 30 read with Schedule III of the SEBI Listing Regulations, read with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 on disclosure of material events/ information by listed entities, dated January 30, 2026 is set out below at “Annexure-A” This is for your information and records. For Shraddha Prime Projects Limited Sudhir Mehta Managing Director DIN: 02215452 Enclosure: As stated above shraddhaprimeprojects@gmail.com Registered Office: A – 309, Kanara Business Centre Premises CHS Ltd, Link Road, www.shraddhaprimeprojects.in Laxmi Nagar, Ghatkopar (East), Mumbai 400 075. Tel: 022 21646000 CIN: L70100MH1993PLC394793 ISIN : INE311M01018 Shraddha Prime Projects Ltd. (Formerly Known As Towa Sokki Limited) S H R A D D H A PRIME PROJECTS LTD. CONSTRUCTING VALUE Annexure A Particulars Details in relation to acquisition 1) Name of the target Atharva Ventures Private Limited Shraddha Life Spaces Private Limited entity, Details in brief (“AVPL”) (“SLSPL”) such as size, turnover The Company was incorporated as private The Company was incorporated as private etc.; limited company on 22nd July, 2010. The limited company on 25th March, 2014. The primary objective of the business is to engage primary objective of the business is to in the real estate development with main engage in the real estate development with focus on the construction of residential focus on the construction of residential complexes, townships, and slum complexes, townships, and slum rehabilitation projects. rehabilitation projects. Authorised Share Capital: Rs 5,00,000 Authorised Share Capital: Rs. 10,00,00,000 Paid up Share Capital: 1,00,000/- Paid up Share Capital: 9,41,00,000 /- Turnover: 0 Turnover: 0 2) Whether the The transaction is not considered as related The transaction is considered as related acquisition would fall party transaction in terms of Regulation 23 of party transaction in terms of Regulation 23 within related party the SEBI Listing Regulations. of the SEBI Listing Regulations. Further, transaction(s) whether The Promoter of the Company has interest the promoter/ promoter in SLSPL. The promoter is promoter and group/ group companies Director of the SLSPL. The transaction is at have any interest in the the arm’s length basis. entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; 3) Industry to which the entity being acquired Developing Real Estate Projects. belongs; 4) Objects and impact of The said acquisition transactions are being undertaken with the objective of increasing the acquisition (including Company’s footprint in the real estate market and consolidating its real estate assets and but not limited to, represents an attractive opportunity for the Company to increase its real estate portfolio and disclosure of reasons for is fully complementary to the real estate services of property development that the Company acquisition of target currently undertakes. entity, if its business is outside the main line of business of the listed entity); 5) Brief details of any governmental or No governmental or regulatory approvals required for the acquisition. shraddhaprimeprojects@gmail.com Registered Office: A – 309, Kanara Business Centre Premises CHS Ltd, Link Road, www.shraddhaprimeprojects.in Laxmi Nagar, Ghatkopar (East), Mumbai 400 075. Tel: 022 21646000 CIN: L70100MH1993PLC394793 ISIN : INE311M01018 Shraddha Prime Projects Ltd. (Formerly Known As Towa Sokki Limited) S H R A D D H A PRIME PROJECTS LTD. CONSTRUCTING VALUE regulatory approvals required for the acquisition; 6) Indicative time period for completion of the On or before August 20, 2026. acquisition; 7) Consideration - whether cash consideration or share Cash consideration. swap or any other form and details of the same; 8) Cost of acquisition The cost of acquisition, or the price at which The cost of acquisition, or the price at and/or the price at which the shares are proposed to be acquired which the shares are proposed to be the shares are acquired; pursuant to the Transaction, is based on the acquired pursuant to the Transaction, is valuation report, at a price of ₹10 per share, based on the valuation report, at a price of aggregating to ₹ 91,000/- (Indian Rupees ₹11.02 per share, aggregating to ₹ Ninety One Thousand Only). 10,36,98,200/- (Indian Rupees Ten Crore Thirty-Six Lakh Ninety-Eight Thousand Two Hundred Only). 9) Percentage of Upon completion of the Transaction, the Upon completion of the Transaction, the shareholding / control Company shall hold 91% of the total share Company shall hold 100% of the total share acquired and / or number capital of AVPL, thereby making it a capital of SLSPL making it a wholly owned of shares acquired; Subsidiary of the Company. subsidiary of the company. 10) Brief background The Company was incorporated as private The Company was incorporated as private about the entity acquired limited company on 22nd July, 2010. The limited company on 25th March, 2014. The in terms of products/line primary objective of the business is to engage primary objective of the business is to of business acquired, in the real estate development with main engage in the real estate development with date of incorporation, focus on the construction of residential focus on the construction of residential history of last 3 years complexes, townships, and slum complexes, townships, and slum turnover, country in rehabilitation projects. rehabilitation projects. which the acquired entity has presence and any Turnover of previous years Turnover of previous years other significant FY 2022-23- Rs 0 FY 2022-23- Rs 0 information (in brief); FY 2023-24- Rs 0 FY 2023-24- Rs 0 FY 2024-25- Rs 0 FY 2024-25- Rs 0 shraddhaprimeprojects@gmail.com Registered Office: A – 309, Kana [Showing first 8,000 characters — download PDF for full document]