- Business
- Shradha Infraprojects Limited, headquartered in Nagpur, India, and founded in 1997, operates as an infrastructure development company primarily engaged in constructing commercial complexes, residential houses, business premises, civil works, and dealing in real estate properties and infrastructure projects; it offers services in highways and roads, bridges, water supply and distribution systems, renewable energy, urban development, and real estate operations across two main segments—infrastructure and real estate—with key projects including Shradha House (corporate offices, professional chambers, retail outlets, banks), Mangalam Shradha (residential-cum-commercial with ground-floor retail), Victoria House (nursing home), Shradha Busiplex (retail mall and offices), Riaan Corporate Park (corporate offices and shops), and Riaan Towers (office blocks, coaching institute, college); the company serves government and private clients throughout India via subsidiaries such as Mrugnayani Infrastructure Private Limited, Suntech Intrastate Private Limited, and Active Infrastructure Private Limited. In recent developments, the company approved a Rs 121.5 crore rights issue in September 2025 at Rs 40 per share in a 3:5 ratio to raise funds for working capital, land acquisition, and general corporate purposes; it executed property sales including an office space for Rs 2.40 crore in September 2025 and another property for Rs 14 million in August 2025; additionally, it plans to sell up to an 11% stake in a subsidiary and reported listing approval for Active Infrastructures Limited (formerly Active Infrastructures Private Limited) in early 2025, alongside a stock split with record date in December 2024.