Sukhjit Starch and Chemicals to consider sale of assets at Sarai Road, Phagwara; Stock soars 1%

The current market cap of the company is Rs713.61 crore.

October 07, 2022 11:54 IST | India Infoline News Service
A Meeting of Board of Directors of The Sukhjit Starch and Chemicals Ltd is scheduled to be held on Friday, October 14, 2022 to, consider the sale / transfer of land, building & other fixed assets at Sarai Road, Phagwara relating to the closed unit of the Company.

As per the filing, the Company had stopped its manufacturing operations at Phagwara Unit after the commissioning of the New Unit of the Company (with higher capacities) at Rehana Jattan, Phagwara (outskirts of Phagwara City), the company informed in a regulatory filing on Thursday.

On Friday, at around 11:57 AM, Sukhjit Starch & Chemicals Ltd is currently trading at Rs462.95 per share up by Rs6.15 or 1.35% from its previous closing of Rs456.80 per share on the BSE.

The scrip opened at Rs465.95 per share and has touched a high and low of Rs465.95 per share and Rs457.30 per share respectively so far today. The current market cap of the company is Rs713.61 crore.

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