Business Update9 Jan 2024, 11:15 pm
Supershakti Metaliks to Invest Up to ₹100 Crore in Associate Company Giridhan Metal
AI Summary
The Board of Directors of Supershakti Metaliks has given in-principle approval to invest up to ₹100 crore in Giridhan Metal Private Limited, making it an associate company. The investment will be used for the latter's business purposes.,
Key Highlights
- Supershakti Metaliks to invest up to ₹100 crore in Giridhan Metal
- Giridhan Metal has achieved COD and started commercial production
- Giridhan Metal has requested for further funds for its business purposes
- Supershakti Metaliks to make Giridhan Metal an associate company