Suraj Industries gets nod to invest upto 20.08% in Shri Gang Industries and Allied Products

Suraj Industries Ltd. | Trading | Miscellaneous | BSE: 526211 | NSE:

09 Jun 2022 Evaluate

Suraj Industries has received approval from board of directors for investment upto 20.08% in the expanded share capital of Shri Gang Industries and Allied Products by way of subscription upto 36 lakh equity shares of Shri Gang Industries and Allied Products at par Rs 10 per share. By virtue of the acquisition, Suraj Industries will become Associate Company of Shri Gang Industries and Allied Products. The board of directors of the Company at their meeting held on June 08, 2022 has approved the same.

Suraj Industries is an edible oil manufacturing company.

Peers

Company Name	CMP
Redington	393.65
Adani Enterprises	3057.10
Amrapali Industries	38.22
Rashi Peripheral	819.50
ABans Enterprises	27.89
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.