Sharad Fibres & Yarn Processors has received an approval for disposing off all the assets of the company including Land, Building, Plant & Machinery & such other assets situated at Plot No.110/111, Government Industrial Estate, Masat Silvassa, Dadara Nagar, Haveli as identified by the Board, to the successful bidder by inviting tenders or through e-tendering subject to terms, conditions and provisions to be set forth by the Board, in the auction to be conducted where at any person including the Promoters shall be entitled to participate.
The Board of Directors of the company at its Meeting held on September 4, 2018, approved the same.
Sharad Fibres & Yarn Processors deals in manufactures Polyester Texturised & Twisted Yarn at its plant located at Silvassa.