Saboo Sodium Chloro (SSCL) has signed two landmark Memorandums of Understanding (MoUs) worth Rs 485 crore with the Government of Rajasthan at ‘Rising Rajasthan 2024’ for the development of greenfield resorts namely Samskara Resort in Udaipur (Girwa), Rajasthan and Samskara Resort in Jodhpur, Rajasthan. The comprehensive subsidy scheme provided to SSCL for these projects carries significant financial and regulatory benefits.
The total savings for the company over the subsidy period of 10 years is estimated to exceed Rs 150 crore, significantly enhancing the financial viability and competitiveness of these projects. These developments mark a pivotal step in Saboo Sodium Chloro’s diversification into the hospitality sector, leveraging government support to create world-class infrastructure in Rajasthan.
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.
| Company Name | CMP |
|---|---|
| Varun Beverages | 468.50 |
| Nestle | 1279.80 |
| Britannia Inds | 5699.45 |
| LT Foods | 420.50 |
| Hatsun Agro Product | 965.40 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: