Shradha Infraprojects Sells Nagpur Property for ₹6 Crore
Shradha Infraprojects Limited has executed an Agreement to Sale for the disposal of its property located at Office Block No. G1, Ground Floor, “Shradha House”, Sardar Vallabhai Patel Marg (Kingsway), ...
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Why is Shradha Infraprojects Limited in the news today?
Shradha Infraprojects Limited (SHRADHA) is in the news due to the sale of a property for a significant sum can be viewed positively as it may improve liquidity or streamline operations.
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Shradha Infraprojects Sells Nagpur Property for ₹6 Crore
January 4, 2026, 09:54 AM
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Shradha Infraprojects Limited has executed an Agreement to Sale for the disposal of its property located at Office Block No. G1, Ground Floor, “Shradha House”, Sardar Vallabhai Patel Marg (Kingsway), Nagpur. The sale is for an aggregate consideration of ₹6.00 Crores, inclusive of all applicable taxes and duties. This transaction follows the in-principle approval granted by the Board of Directors during their meeting on September 10, 2025. The agreement was executed on January 4, 2026, with Mr. Shailendra Madanlal Verma identified as the buyer. The property comprises an office block of approximately 378.94 Sq. Mtr built-up area on the ground floor of "Shradha House", along with a 5.7220% undivided share in the land.
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