Shish Industries has received approval to invest an amount of Rs 6.50 lakh towards acquisition of 65000 Equity Shares of Shish Advanced Composites i.e. 65% Stake, at an issue price of Rs 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 shall become subsidiary of Shish Industries. The Board of Directors of the company at their meeting held on June 17, 2025 has decided for the same.
Shish Industries is primarily engaged in manufacture, trading and marketing of PP Sheets and Rolls.
