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.
| Company Name | CMP |
|---|---|
| Varun Beverages | 509.05 |
| Nestle | 1482.20 |
| Britannia Inds | 5519.20 |
| LT Foods | 430.65 |
| Hatsun Agro Product | 988.20 |
| 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: