Saboo Sodium Chloro has received approval for the acquisition of the remaining 20% equity shares of Samskara Resort, currently a subsidiary of the company, from the existing shareholders, namely Girdhar Saboo (15%) and Aditya Saboo (5%), thereby making Samskara Resort, a wholly owned subsidiary of the company.
The acquisition consideration has been duly paid by the company to the respective shareholders. Post completion of this transaction, Samskara Resort will become a 100% subsidiary of the company.
In addition, the Board has also approved the transfer of the Samskara Resort & Spa, Jaipur of the company to Samskara Resort (a wholly owned subsidiary), as a going concern, through a business transfer arrangement, on such terms and conditions as may be mutually agreed upon.
The Board in its meeting held on October 24, 2025, has considered and approved the same.
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 | 466.30 |
| Nestle | 1261.50 |
| Britannia Inds | 5609.50 |
| LT Foods | 421.20 |
| Hatsun Agro Product | 947.15 |
| 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: