Sun Retail Ltd Share Price

Description

• Sun Retail Limited was incorporated as a private limited company with the name `ShivJosh Foods Private Limited` on May 28, 2007. Subsequently, the name of the Company was changed to Sun Retail Private Limited on December 7, 2007. Consequent upon the conversion of the Company to public limited company, the name of the Company was changed to `Sun Retail Limited` on December 21,2017. The Company is engaged in the business of trading into refined/filtered edible oils. The Company`s major products includes cottonseed oil, groundnut oil, sunflower oil. The Company also performs activity of bulk trading of palmolein oil and soyabean oil. The Products are sold under the brand name of `Dharti` and `Dharti Singtel`. The brand is well known and accepted by the people of Gujarat. The Company has entered into an agreement to acquire land along with entire unit situated at Plot no. GI-21 & 22, Mandar Industrial Area, Mandar, Tehsil Reodar, Dist. Sirohi, Rajasthan admeasuring area of 2000 Square meters with construction of steel shed. The Company has entered into agreement to acquire the business including land, machineries, fixtures, super structure etc. from TJR Agrocom Private Limited, which is the promoter holding Company. The Company has acquired the said land with the intention to set up crushing plant for groundnut seeds for its captive consumption.

• Sun Retail Limited was incorporated as a private limited company with the name `ShivJosh Foods Private Limited` on May 28, 2007. Subsequently, the name of the Company was changed to Sun Retail Private Limited on December 7, 2007. Consequent upon the conversion of the Company to public limited company, the name of the Company was changed to `Sun Retail Limited` on December 21,2017. The Company is engaged in the business of trading into refined/filtered edible oils. The Company`s major products includes cottonseed oil, groundnut oil, sunflower oil. The Company also performs activity of bulk trading of palmolein oil and soyabean oil. The Products are sold under the brand name of `Dharti` and `Dharti Singtel`. The brand is well known and accepted by the people of Gujarat. The Company has entered into an agreement to acquire land along with entire unit situated at Plot no. GI-21 & 22, Mandar Industrial Area, Mandar, Tehsil Reodar, Dist. Sirohi, Rajasthan admeasuring area of 2000 Square meters with construction of steel shed. The Company has entered into agreement to acquire the business including land, machineries, fixtures, super structure etc. from TJR Agrocom Private Limited, which is the promoter holding Company. The Company has acquired the said land with the intention to set up crushing plant for groundnut seeds for its captive consumption.