SJS Enterprises has subscribed to 6 lakh Class A equity shares of Suryaurja Two (STPL), constituting 47.62% of the equity share capital of STPL. Consequently, STPL has become an associate of the company. Earlier, the company had entered into a Power Supply and Offtake agreement (PSOA) and Share Subscription and Shareholders’ agreement (SSSHA) with Suryaurja Two (STPL), for subscribing to 6 lakh equity shares.
SJS Enterprises is one of the leading players in the Indian decorative aesthetics industry, offered the widest range of aesthetics products in India.
