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Shraddha Prime Projects expands real estate footprint with new LLP investments

December 11, 2025 at 11:09 AM UTCBy FilingReader AI

Shraddha Prime Projects Limited announced its intent to invest as a designated partner in two new LLPs, acquiring significant ownership stakes. The company will secure a 60% share investment in Shraddha Avyukta Realtors LLP and a 51% share investment in Aajprav Developers LLP. These investments will involve introducing contributions and acquiring profit/loss sharing ratios in both entities.

Shraddha Prime Projects Limited also plans to adjust its existing investment portfolio. The company will reduce its investment in Neuwell Builders and Planner LLP from 40% to 30% in terms of its profit/loss sharing ratio. This strategic reallocation aligns with the company's broader investment objectives.

The announcement was made by Sudhir Balu Mehta, managing director of Shraddha Prime Projects Limited, on December 11, 2025. This development signals a clear expansion strategy for the company within the real estate development landscape.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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