Sarda Proteins Ltd (519242)

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 201516 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 G1177 A Matsya Industrial Area Alwar301030 Rajasthan to B536537 Matsya Industrial Area Alwar 301030 Rajasthan which falls within the State of Rajasthan and within the same city.

Sarda Proteins Ltd Share Price: ₹64.30 per share as on 23 Mar, 2023 04:01 PM
Sarda Proteins Ltd Market Capitalisation: ₹8.05Cr as of today
Sarda Proteins Ltd Listing date: 04 May, 2007