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Sat Industries’ arm receives Letter of Intent from IOC

04 Jan 2017 Evaluate

Sat Industries’ subsidiary - Sah Polymers, has received a Letter of Intent (LoI) from Indian Oil Corporation (IOC) for appointment as DSA cum CS (Direct Selling agent cum Consignment Stockiest) for their polymer business, location at Udaipur, Rajasthan.

Separately, Sat Industries has incorporated an wholly owned subsidiary (WOS) company namely, Italica Global FZC, a Free Zone Company in Ajman Free Zone, United Arab Emirates and it is likely to commence business very shortly.

Sat Industries has presence in a wide range of activities such as manufacturing, global outsourcing of products & services, real estate, mining and marketing activities in the field of coals.



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