Shraddha Prime Projects Ltd has announced the record date for its bonus share issue. The record date is set for January 24, 2025, with a bonus issue in a 1:1 ratio for eligible shareholders. This move aims to enhance shareholder value and market presence.
Shraddha Prime Projects Ltd, formerly known as Towa Sokki Limited, has announced the record date for its upcoming bonus share issue. The company, based in Mumbai, Maharashtra, operates in the construction sector, focusing on delivering value through its real estate and development projects.
As per the latest notification, Shraddha Prime Projects Ltd has fixed January 24, 2025, as the Record Date for determining the equity shareholders eligible for the bonus shares. The bonus issue will be in the ratio of 1:1, meaning for every share held, shareholders will receive one additional share.
The company’s managing director, Sudhir Mehta, confirmed the approval of the bonus shares by the company’s members earlier. Shraddha Prime Projects has a history of leveraging strategic opportunities in the market and this bonus share issue aims to further strengthen its investor base and market presence.
This move reflects the company’s commitment to enhancing shareholder value and its continued growth trajectory in the industry.
