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Shish Industries Ltd reports robust growth: INR 88 38 cr consolidated income, up 25 67% Y-o-Y, and INR 8 04 cr profit after tax, up 18 58%
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Shish Industries Limited allots shares
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Shish Industries has announced the acquisition of three businesses basis the decision taken by the board of directors of the company in their board meeting held on 29 August 2023. The present expansion plan comprises the incorporation of its wholly owned subsidiary Varni Wood and Paper Packaging, acquisition of Varni proprietary concern machinery, most of the employees, brand, clients and existing running business, similarly Tapeplast Industries, a partnership firm and Stick at Touch, a prominent proprietorship entity.