Updates

Shriram Properties Appoints Abarna & Ananthan as New Statutory Auditor for Five-Year Term

Shriram Properties' board approved the appointment of Chartered Accountancy firm Abarna & Ananthan as its new statutory auditor for a five-year term, replacing outgoing auditor Walker Chandiok & Co LLP.

Shareholders Approve FY27 Related-Party Transactions with 99.52% Votes in Favour

Shriram Properties secured shareholder approval for material related-party transactions with its subsidiaries and joint ventures for FY2026-27, with results disclosed on July 13, 2026.

Shriram The Spectrum Obtains Maharashtra RERA Registration (P52100080066)

Shriram The Spectrum, Shriram Properties' mixed-use residential project in Undri, Pune, has received its Maharashtra RERA registration under number P52100080066. The project comprises four towers of G+22 floors offering 2 and 3 BHK apartments across 14 acres.

Shriram Skybloom Villas Obtains West Bengal RERA Registration (WBRERA/P/HOO/2025/003434)

Shriram Skybloom Villas, the 82-unit premium villa project by Bengal Shriram Hitech City (a Shriram Properties entity) in Konnagar, Hooghly, has received RERA registration from the West Bengal Real Estate Regulatory Authority under number WBRERA/P/HOO/2025/003434. The project spans 11.54 acres and targets possession by August 2030.

Shriram Properties Signs JDA for Premium Lake-Facing Project at Doddagubbi

Shriram Properties signed a JDA for 9.1 acres at Doddagubbi, North-East Bengaluru, to develop a premium lake-facing residential project with 6.7 lakh sq ft potential and ₹600+ crore GDV, expected launch in FY26-27.

Aurum RealEstate Developers Sells Further 1.53 Lakh Shriram Properties Shares (June 3–5, 2026), Reducing Promoter Group Stake to 13.12%

Aurum RealEstate Developers Limited sold a further 1,53,000 equity shares of Shriram Properties between June 3 and June 5, 2026 for ₹1,37,59,131.62, reducing its promoter group holding from 13.21% to 13.12%. The disclosure was filed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Aurum RealEstate Developers Sells 1 Lakh Shriram Properties Shares, Reducing Promoter Group Stake to 13.21%

Promoter-group entity Aurum RealEstate Developers Limited disposed of 1,00,000 equity shares of Shriram Properties through open-market sales between May 29 and June 2, 2026, reducing its holding from 13.27% to 13.21%. The transaction, valued at approximately ₹89.9 lakh, was disclosed under SEBI Prohibition of Insider Trading Regulations.

Pune Foray: Shriram The Spectrum Launch in Undri; 300+ Units Sold in Less Than Year

SPL forayed into Western India (Pune) with maiden launch at Undri, selling over 300 units in less than a year, demonstrating strong market reception.

Q4 FY26 Results: ₹78.53 Crore Net Profit, 64% YoY Growth; Revenue Surge to ₹663 Crore

SPL reported Q4 FY26 consolidated net profit of ₹78.53 crore (up 64.36% YoY) with total income of ₹662.73 crore, driven by strong collections and sales momentum of ₹663 crore in Q4.

Shriram Properties Initiates Shareholder E-Voting for Approval of Material Related Party Transactions in FY2026-27

Shriram Properties commenced remote e-voting to seek shareholder approval for material related party transactions with subsidiary SPVs for FY2026-27, as the aggregate transaction value is expected to exceed SEBI Listing Regulation 23 thresholds. The Board approved the proposal at its May 25, 2026 meeting, with scrutinizer results due by July 14, 2026.

Shriram Properties Sets ₹2,200 Crore FY27 Revenue Target; Eyes ₹4,000+ Crore in Three Years

Alongside its Q4 FY26 results, Shriram Properties announced a three-year revenue roadmap targeting over ₹4,000 crore, with an interim milestone of ₹2,200 crore in FY27. The guidance reflects the company's ambition to scale bookings and unlock its growing project pipeline.

Q4 FY26 Audited Results Approved; Enhanced Investor Disclosures Published

Shriram Properties board approved audited financial results for Q4 and FY26 ended March 31, 2026, with results published in newspapers and stock exchange portals for investor transparency.

Seven New Projects Launch Pipeline: ₹3,500 Crore GDV; 3.5 Msf Development Potential

SPL plans to launch seven new projects with combined development potential of 3.5 million sq ft and gross development value of ₹3,500 crore.

Board Approves Acquisition of Partner Stakes in 4 Joint Venture Projects

SPL board approved strategic acquisition of equity stakes from joint venture partners in four project SPVs located in Chennai and Kolkata to increase ownership and operational control.

Shriram Properties FY26: Return to Profitability with Net Profit at ₹47.6 Crore

SPL returned to annual profitability in FY26 with net profit of ₹47.6 crore versus loss of ₹77.9 crore in FY25. Revenue from operations increased to ₹1,268.8 crore with improved project execution.

FY26 Net Profit Up 30.41% to ₹100.81 crore; Revenue Grows 39.40%

Shriram Properties reported strong FY26 financial results with net consolidated profit rising to ₹100.81 crore and total income reaching ₹1,356.93 crore, driven by robust Q4 collections and project handovers.

Shriram Properties Issues Clarification to BSE on Unusual Volume Movement in Its Shares

Shriram Properties responded to a BSE query regarding unusual volume movement in its equity shares on April 9, 2026, confirming there were no undisclosed price-sensitive developments behind the trading activity. Such clarifications are a standard regulatory compliance requirement under SEBI LODR norms.

Shriram Properties Senior VP Shekar H.K. Resigns, Effective March 2026

Shriram Properties filed a regulatory intimation on March 7, 2026 disclosing the resignation of Senior Vice President Shekar H.K., effective March 2026. The departure constitutes a senior management personnel change reportable under SEBI LODR regulations.

Shriram Properties acquires 4-acre land on Sarjapur Main Road for ₹550-600 crore project

Shriram Properties completed an outright acquisition of ~4 acres on Sarjapur Main Road, South-East Bengaluru. The company plans to develop a premium high-rise residential project with GDV of ₹550-600 crores, expected to launch in latter half of 2026.

Q3 FY26 Results: 39% QoQ Sales Volume Growth to 1.14 Msf; Revenue Recognition Impacted by e-Khata Delays

Shriram Properties declared its Q3 FY26 unaudited financial results on February 14, 2026, reporting 39% quarter-on-quarter growth in sales volume to 1.14 million sq ft valued at ₹685 crore. Revenue recognition was temporarily impacted by BBMP's division into five municipal corporations, causing e-Khata and occupancy certificate delays.

Shriram Properties Amicably Resolves Long-Pending Kolkata Land Dispute

Shriram Properties resolved its long-pending commercial dispute with West Bengal government by conveying 42.37 acres of land, enabling acceleration of Kolkata development plans with ₹3,000 crore GDV potential.

Shriram Properties Acquires 100% Stake in Shrivision Upscale Spaces

Shriram Properties completed acquisition of 100% equity shares of Shrivision Upscale Spaces Private Limited, making it a wholly owned subsidiary for strategic business expansion in real estate development.

Shriram Acquires Golden Ira Plotted Project; Rebrands as Pristine Estates

Shriram Properties acquired Golden Ira, a stressed 10-lakh sq ft plotted development in North Bengaluru's Dodballapur, for ₹125 crore. Project has all approvals and partially complete infrastructure. SPL plans to relaunch as Shriram Pristine Estates under ASK co-investment platform.

Codename Ultimate launched near Electronic City with 70% opening weekend sales

Shriram Properties launched Codename Ultimate, a RERA-approved 400+ unit Balinese-themed project near Electronic City, Bengaluru, with revenue potential of ₹350 crore. The project achieved 70% sales in opening weekend.

Q2 FY26 results: ₹229 crore revenue, regulatory challenges impact net loss

Shriram Properties reported Q2 FY26 total income of ₹229.01 crores (47.7% YoY growth) but posted net loss of ₹8.67 crores due to delayed revenue recognition from regulatory transitions. Sales volumes strong at 1.1 million sq ft.

JDA signed for ₹350+ crore villament project in Bannerghatta, South Bengaluru

Shriram Properties signed a JDA for ~5 acres in Bannerghatta Road, South Bengaluru to develop an exclusive villament community with GDV of over ₹350 crore. Expected launch during FY26.

JDA signed for ₹700 crore mixed-use project in Hinjewadi, Pune

Shriram Properties entered into a Joint Development Agreement for a 0.7 million sq ft mixed-use project in Hinjewadi, Pune with estimated GDV of ₹700 crore. This marks the company's second project in Pune.

JDA signed for ₹600 crore premium row houses project in North Bengaluru (Yelahanka)

Shriram Properties signed a JDA to develop a premium row houses project on 7 acres in Yelahanka, North Bengaluru with GDV of ₹600 crore. Project launch planned for FY27.

Q1 FY26: Net Profit Up 18% to ₹20.59 Cr; Income Grows 26%

Shriram Properties reported Q1 FY26 net profit of ₹20.59 crore, up 18% YoY, with total income rising 26% to ₹261.54 crore. The company has 39 projects in its pipeline with 36 million sq ft development potential.

Shriram Codename The One Launched; 340 Units, ₹350 Cr Revenue Potential

Shriram Properties officially launched Codename The One, a mid-premium gated community near Electronic City with 340 residences across 6 towers, 500,000 sq ft saleable area, and revenue potential exceeding ₹350 crore.