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Sarda Proteins Ltd.

BSE: 519242 Sector: Industrials
NSE: N.A. ISIN Code: INE995U01011
BSE 00:00 | 26 Nov 32.95 0
(0.00%)
OPEN

32.95

HIGH

32.95

LOW

32.95

NSE 05:30 | 01 Jan Sarda Proteins Ltd
OPEN 32.95
PREVIOUS CLOSE 32.95
VOLUME 19
52-Week high 57.75
52-Week low 9.97
P/E
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 32.95
CLOSE 32.95
VOLUME 19
52-Week high 57.75
52-Week low 9.97
P/E
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sarda Proteins Ltd. (SARDAPROTEINS) - Company History

Sarda Proteins Ltd was incorporated in December 03 1991. The company is mainly engaged in the distribution of refined oil mustard oil and trading of Agro products like wheat sesame seed mustard seed Guar seed and other edible products backed up with strong distribution network.The company had an opening paid up capital as on 1st April 2015 Rs. 24348500. The company issued a final notice during the year 2015-16 to holders of 1696500 partly paid shares of Rs. 5 each out of which company received calls for 139300 shares only. Therefore as per the provisions of Articles of Association the 1557200 partly paid equity shares were forfeited and paid up capital stood at Rs. 17259000 comprising of 1725900 Equity Shares of Rs. 10 each and a balance of Rs. 7786000 in Share Forfeiture Account.Ritika Vegetable Oil Private Limited a company registered under the Companies Act 1956 made a public announcement on April 03 2019 to acquire 386000 equity shares of Rs. 10/- each constituting 22.37% of the existing equity share capital along with Complete Control and Management of Sarda Proteins Ltd. Ritika Vegetable Oil Private Limited also filed a Detailed Public Statement on April 10 2019. The Company had constituted a Committee of Independent Directors (IDC) in the interest of all stakeholders to provide their reasoned recommendation in respect of the offer by Ritika Vegetable Oil Private Limited. Further the process of acquisition of the company has been completed in consonance with provisions of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and the post open offer report dated July 19 2019 is duly submitted with the recognized Stock Exchanges and SEBI.The Board of Directors at their meeting held on August 12 2019 approved shifting of Registered Office of the Company from G-1-177 (A) Matsya Industrial Area Alwar-301030 (Rajasthan) to B-536-537 Matsya Industrial Area Alwar- 301030 (Rajasthan) which falls within the State of Rajasthan and within the same city.

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