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About Sharat Industries
Sharat Industries Ltd., formerly known as Sharat Seafoods was incorporated on 7 May '90 and became public in 1992. It was promoted by S Prasad Reddy, Smt S Devaku and Top Fortune International, Singapore.
Engaged in acquaculture, the company's products are processed prawn, quality hatched seed and feed. Processed shrimps are marketed as individually quick frozen shrimps, cooked individually quick frozen shrimps and contact frozen shrimps.The company has a collaboration and a buy-back agreement with High Won Fishery Development Corporation, Singapore.
The civil works for the Processing Plant are complete and the necessary machinery has been imported during the year. The commissioning of the Processing Plant was delayed due to adverse conditions of the Aqua industry. The equipment for the Feed Mill has been completed. Company has taken several steps to prevent the virus effecting to crop such as cholorinating the water before being pumped into the ponds, which giving good results and also expected a good yield in the future.
Company has become a sick industrial company, therefore directors have refered to BIFR to determine the measures for rehabilitation of the Company but was rejected by the same and hence, for the current year 1999-2000 due to the accumulated lossess the company is making a fresh reference to BIFR.IFCI has been appointed as the operating agency by the Board.
Parent Organisation
Indian Private
Managing Director
S Prasad Reddy
Founded
1990
NSE Symbol
SHARTSEFOD
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Sharat Industries Ltd FAQs
What is the share price of Sharat Industries Ltd (SHARTSEFOD) shares?
Sharat Industries Ltd (SHARTSEFOD) share price as of October 22, 2024, on NSE is Rs 44.28 (NSE) and Rs 44.28 (BSE) on BSE.
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1. Direct investment: You can buy Sharat Industries Ltd (SHARTSEFOD) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Sharat Industries Ltd (SHARTSEFOD) shares.
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