Sat Industries has informed that its material subsidiary, viz, Sah Polymers filed a DRHP on the EMERGE Platform of National Stock Exchange of India for an Initial Public Offer of 57,00,000 Equity Shares of Rs 10 each through book building process. The proposed proceeds will be utilised for setting up a project for the manufacture of Flexible Intermediate Bulk Container (FIBC).
The above information is a part of company’s filings submitted to BSE.