In furtherance decisions taken by the Board at their meeting dated 11th October, 2022 approving the issuance of equity shares by way of rights issue to the existing shareholders of the Company as on the record date and in accordance with the applicable SEBI Regulations and other applicable laws (the "Rights Issue"),This is to inform you that the Board of Directors ("Board") of Shraddha Prime Projects Limited ("Company"), at its meeting held today, i.e., Monday, 13th March, 2023, inter alia, considered and approved DLOF, terms of issue and such allied and ancillary matters as per the attached submission with accurate issue size mentioned in para 2 (b) of the attached outcome.