Sharad Fibres & Yarn Processors’ board has agreed to sell 3,70,000 Equity shares of Rs 10 each amounting to Rs 37 lakh held by the company in BST Exports (wholly owned subsidiary). Following the sale and subject to fulfillment of conditions precedent, BST Exports will cease to be a subsidiary of the company.
Further the step down subsidiary Dalmia Exim, which is a subsidiary of BST Exports by virtue of the said sale, will cease to be a step down subsidiary of the company. The Board of Directors of the company at their meeting held on March 28, 2019 has agreed for the same.
Sharad Fibres & Yarn Processors deals in manufactures Polyester Texturised & Twisted Yarn at its plant located at Silvassa.
| Company Name | CMP |
|---|---|
| Indian Hotel | 659.55 |
| ITC Hotels | 162.45 |
| EIH | 321.55 |
| Chalet Hotels | 778.90 |
| Mahindra Holi.&Resor | 272.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: