Shish Industries has informed that the Board of Directors of the Company, have decided to invest an amount of Rupees 6,50,000 towards acquisition of 65000 Equity Shares of Shish Advanced Composites (CIN U25999GJ2024PTC154044) i.e. 65.00% Stake, at an issue price of Rupees 10 per share. This acquisition is expected to unlock significant long-term value by combining Shish Industries’ proven manufacturing and export capabilities with the sectoral expertise and innovation of Shish Advanced Composite. The new business vertical aligns with key national initiatives like Make in India and Atmanirbhar Bharat, and offers strong potential in both domestic and international markets. Upon such acquisition Shish Advanced Composites (CIN U25999GJ2024PTC154044) shall become subsidiary of Shish Industries (the company). Further, the details as required under SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 with respect to above disclosures are given in Annexure- 1. The said decision was taken at the Board meeting held on 17/06/2025 which started at 02:30 pm and ended at 03:10 pm.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3799.45 |
| Astral | 1626.50 |
| Finolex Inds | 165.30 |
| Nilkamal | 1270.95 |
| Jain Irrigation Sys | 31.97 |
| 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: