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Ludlow Jute acquire 53.91% stake in Sijberia Industries

25 Nov 2011 Evaluate

Ludlow Jute & Specialities has purchased 5,62,859 equity shares of Sijberia Industries, an unlisted company on November 15, 2011, representing 53.91% of the paid up equity share capital of the company.

By virtue of this purchase, Sijberia Industries has become a subsidiary company of Ludlow Jute & Specialities, in accordance with Section 4 of the Companies Act, 1956.

Ludlow Jute always was in the forefront of the Indian jute industry with innovative products. Equipped with state-of-the art machines from preparatory to finishing sections and manned by a highly skilled workforce, Ludlow has developed products like jute mesh/scrim for roofing felt, agriculture, and horticulture etc.

Ludlow Jute &Special Share Price

257.00 -5.00 (-1.91%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Siyaram Silk Mills 573.85
Manomay Tex India 233.85
BSL 125.00
VTM 76.88
Ludlow Jute &Special 257.00
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