Sayaji Industries completes sale of 40% stake of Sayaji Sethness

Sayaji Industries Ltd. | Consumer Food | FMCG | BSE: 540728 | NSE: SAYAJIIND

06 Sep 2018 Evaluate

Sayaji Industries has completed the sale of 12,00,000 equity shares of Sayaji Sethness of the face value of Rs 10 per share held by the company, being 40% of the equity capital of Sayaji Sethness to Sethness Products Company USA, the joint venture partner of the company. Sayaji Industries has received a consideration of $32,00,000 on September 5, 2018.

Sayaji Industries is one of the largest manufacturers of Starches, Liquid Glucose, Dextrose Monohydrate, Anhydrous Dextrose and Sorbitol in India.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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