A.K. Spintex Limited Renamed as Sunrakshakk Industries India Limited

A.K. Spintex Limited, a long-standing player in the textile industry, is pleased to announce its renaming to Sunrakshakk Industries India Limited, reflecting the Company's strategic expansion into the FMCG and FMCG intermediate chemical segments.

As part of this rebranding, the Company's BSE Scrip ID has been updated from "A.K. SPINTEX" to "SUNRAKSHAK", reflecting its new identity. The Scrip Code (539300) remains unchanged.

Old Company Name: A.K. Spintex Limited
New Company Name: SUNRAKSHAKK INDUSTRIES INDIA LIMITED
Old Scrip ID: AKSPINTEX
New Scrip ID: SUNRAKSHAK
BSE Scrip Code: 539300

Commenting on the company's renaming, Mr. T.C. Chhabra, Director of A.K. Spintex Limited, said: "The renaming of our company to SUNRAKSHAKK INDUSTRIES INDIA LIMITED is a strategic move aligned with our long-term vision to evolve into a diversified enterprise. While our textile business remains an important part of our growth strategy, this transition reflects our intent to tap into the highpotential FMCG and FMCG intermediate chemicals sectors.

The 'SUNRAKSHAK' brand embodies our commitment to delivering reliable, value-driven solutions that enhance everyday life and industrial efficiency. This diversification is not only aligned with emerging consumer trends and market needs but also strengthens the foundation for sustainable, multisector growth. We believe this strategic realignment will unlock new opportunities and drive long-term value for our stakeholders."

Shares of A.K. Spintex Ltd was last trading in BSE at Rs. 943.30 as compared to the previous close of Rs. 937.80. The total number of shares traded during the day was 1137 in over 50 trades.

The stock hit an intraday high of Rs. 976.20 and intraday low of 930.00. The net turnover during the day was Rs. 1076524.00.

Source : Equity Bulls

Keywords

AKSpintex INE671K01019 NameChange FMCG SunrakshakkIndustries