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Shradha Infraprojects Restructures Subsidiary Investments

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Shradha Infraprojects Restructures Subsidiary Investments

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Shradha Infraprojects Ltd. ( (IN:SHRADHA) ) has issued an update.

Shradha Infraprojects Ltd. announced the resignation and disinvestment of its material subsidiary, Active Infrastructures Limited, from Devansh Dealtrade LLP and Godhuli Vintrade LLP. This strategic move involves the withdrawal of a 49.99% capital contribution, reflecting a shift in the company’s investment strategy and potentially impacting its financial structure and market positioning.

More about Shradha Infraprojects Ltd.

Shradha Infraprojects Ltd. operates in the infrastructure industry, focusing on development projects and related services. The company is involved in managing subsidiaries and partnerships to enhance its market presence and operational capabilities.

Average Trading Volume: 67,653

Technical Sentiment Signal: Sell

Current Market Cap: 4.05B INR

See more data about SHRADHA stock on TipRanks’ Stock Analysis page.

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