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.
| 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: