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Saboo Sodium Chloro acquires stake in Spectrum Foods

23 Sep 2024 Evaluate

Saboo Sodium Chloro has acquired 743,626 shares of Spectrum Foods at an average price of Rs 26.37 through the open market. This acquisition increases the company's total shareholding in Spectrum Foods to 978,244 shares. The company remains dedicated to pursuing investment opportunities that align with its long-term strategic-goals of maximizing shareholder value.

Saboo Sodium Chloro is North India’s first and the largest fully integrated Salt Refinery, using the latest technologies available in the world, to refine salt to a very high degree of purity.


Peers
Company Name CMP
Nestle India 1367.70
Varun Beverages 429.95
Britannia Industries 4920.15
LT Foods 421.00
Hatsun Agro Product 1172.35
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