Skip to main content

MoneyWorks4Me

Sayaji Industries to close wholly own subsidiary

07 Aug 2019 Evaluate

Sayaji Industries has received an approval for closure/Strike off of the wholly own subsidiary of the Company viz., Sayaji Corn Products (SCPL) which is not a material subsidiary of the company and which has been inoperative and not carrying on any business since its inception, as per the provisions of Companies Act, 2013.

The Board of Directors of the company at its meeting held on August 07, 2019, approved the same.

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

Peers
Company Name CMP
Nestle India 1245.00
Varun Beverages 407.15
Britannia Industries 4915.80
LT Foods 410.95
Hatsun Agro Product 1033.15
View more..