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Sayaji Industries to enter into JV with Societe Developpement Produits

01 Apr 2019 Evaluate

Sayaji Industries has received approval to enter into a Joint Venture (JV) agreement with Societe Developpement Produits Afrique – SDPA, France the holding company of Alland and Robert for manufacturing of Gum Arabic/ Gum Acacia, Gum Ghatti and Gum blends. The Board of Directors of the Company at its meeting held on March 30, 2019 has approved the same.

The JV will be a 50:50 venture, wherein the Company and Societe Developpement Produits will hold 50% each in Sayaji Ingritech LLP which is presently a subsidiary of the company.

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

Sayaji Industries Share Price

115.46 5.49 (4.99%)
08-May-2026 16:59 View Price Chart
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