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Sukhjit starch and chemicals planning to sell land, building in Phagwara

06 Oct 2022 Evaluate

Sukhjit Starch & Chemicals is planning to sell/ transfer of land, building & other fixed assets at Sarai Road, Phagwara relating to the closed unit of the Company, subject to the approval of the shareholders of the company. The Meeting of Board of Directors of the company is scheduled on October 14, 2022, to consider the same.

The Company had stopped its operations / manufacturing activities at Phagwara Unit after the commissioning of the New Unit of the Company (with higher capacities) at Rehana Jattan, Phagwara (outskirts of Phagwara City).

Sukhjit Starch & Chemicals is an agro-processing industry manufacturing starch & its derivatives i.e Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol, Modified Starches and by-products. The company has emerged as one of the largest manufacturers of the starch and its derivatives in India.

Peers
Company Name CMP
Nestle India 1353.10
Varun Beverages 421.80
Britannia Industries 5016.00
LT Foods 422.75
Hatsun Agro Product 1139.40
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