Shanti Guru Industries Ltd Company Summary

Shanti Guru Industries Ltd Summary

Shanti Guru Industries Limited was originally incorporated in Chennai as RCL Retail Private Limited on 29 September, 2010. The status was subsequently changed into a Public Limited Company with the name RCL Retail Limited on 5 April, 2011 and further the name was changed to Shanti Guru Industries Limited on September 3, 2022. The Company is engaged in the business of trading of food andprocessed foods. The company operates through its two well furnished retail stores located in Chennai. In a short span of time, it has grown tremendous in terms of operations.In December 2010, Company opened its retail store 1 at Vepery, in Chennai. Further, the Company acquired the business of SS Super Store and opened Retail Store 2 at Golden George Nagar, Mogappair (East), Chennai through business takeover agreement in May, 2011. The Company acquired a piece of land at Ambattur Taluk, in the district of Thiruvallur in Tamil Nadu for setting up a food grain processing unit in November, 2011. The Company made an IPO by issuing 57,95,000 equity shares of Rs 10/- each by raising funds aggregating to Rs 5.7 Cr in Oct 12.