Suraj Industries Ltd to invest in Shri Gang Industries and Allied Products Ltd

The Board of Directors of the Company, Suraj Industries Ltd, at their meeting held today i.e., Wednesday, June 08, 2022, at F32/3, Second Floor, Okhla Industrial Area, Phase-2, New Delhi-110020 has, considered and approved the investment upto 20.08% in the expanded Share Capital of M/s Shri Gang Industries and Allied Products Limited by way of subscription upto 36 lacs Equity shares of M/s Shri Gang Industries and Allied Products Limited at par @ Rs 10 per share.

Shares of SURAJ INDUSTRIES LTD. was last trading in BSE at Rs. 101.10 as compared to the previous close of Rs. 106.40. The total number of shares traded during the day was 353 in over 21 trades.

The stock hit an intraday high of Rs. 101.25 and intraday low of 101.10. The net turnover during the day was Rs. 35695.00.

Source : Equity Bulls

Keywords

SURAJINDUSTRIES INE170U01011 Investment ShriGangIndustriesandAlliedProducts