Sulabh Engineers & Services has received its board’s approval to enhance its stake to 51% in the shareholding of Rodic Coffee Estate, by thus making it subsidiary of the company. The company’s board gave their approval for the same at its meeting held on November 02, 2012.
Further, the company's board has decided to appoint one of the independent director of the holding company on the board of Rodic Coffee Estate.
Sulabh Engineers and Services is a non-banking financial company registered with the Reserve Bank of India. The company’s income is generated from the sale of shares and securities, dividend, and interest.