Suraj Industries has received approval for acquisition of 28,50,000 equity shares (face value Rs 10 per share) representing 50% equity share capital and 6,40,000 Preference Shares (face value Rs 100 per share) of Express Infra Financial Consultancy at a fair market value to be determined by an Independent Valuer in accordance with the provisions of Income Tax Act and Rules made thereunder. The board of directors at its meeting held on October 23, 2021 has approved the same.
Suraj Industries is an edible oil manufacturing company.
