Sir Shadi Lal Enterprises (SSLEL) has completed the transaction for sale and transfer of its sugar unit located at Unn, Shamli district in state of Uttar Pradesh to Superior Food Grains, Chandigarh on slump sale basis. This transaction was in pursuance of the Definitive Agreement entered into between SSLEL and Superior Food Grains, Chandigarh on January 14, 2014.
Motilal Oswal Investment Advisors acted as the exclusive financial advisors to the company for this transaction.
Sir Shadi Lal Enterprises started its business in the year 1933 with a Sugar Factory, Upper Doab Sugar Mills with a cane crushing capacity of 600 TCD per day at Shamli, District Muzaffarnagar (UP).
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Dalmia Bharat Sugar | 383.00 |
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