Sat Industries’ board has approved the investment plan of Sah Polymers, a material subsidiary, which is making foray into the manufacturing of Flexible Intermediate Bulk Containers (FIBC) with an investment of Rs 5,500 lakh in phases. In the first phase it is putting up a plant with an investment of Rs 2,750 lakh having an annual installed capacity of 3,960 MT. The project will be partly financed by the equity capital and partly by borrowings. To raise equity, Sah Polymers will enter into the capital market through Initial Public Issue (IPO).
Sat Industries has presence in a wide range of activities such as manufacturing, global outsourcing of products & services, real estate, mining and marketing activities in the field of coals.
Company Name | CMP |
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Adani Enterprises | 3139.60 |
Redington | 211.00 |
Amrapali Industries | 14.27 |
Rashi Peripheral | 327.70 |
Compuage Infocom | 4.15 |
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