Shree Ram Proteins to migrates to NSE Main Board
Shree Ram Proteins got the approval of Board of Directors to shift company listing from NSE EMERGE platform to NSE Main Board.
Company : Shree Ram Proteins Limited
The Board of Directors of Shree Ram Proteins considered and approved the proposal of migration of the company from NSE EMERGE platform to NSE Main Board.
In January 2018, Shree Ram Proteins issued 64.20 lacs equity shares at the value of Rs.31 per equity share (premium of Rs.21 per share), aggregating to Rs.1990.20 lacs.
The current trading price of Shree Ram Proteins is Rs.25.20 per equity share.
Shree Ram Proteins Ltd is engaged in the business of de-linting and de-hulling of cotton seeds by mechanical process, oil extraction from cotton seeds and solvent extraction from cotton seeds oil cake and ground nuts. Companys Manufacturing Facility is strategically located at Gondal, Gujarat near the source of raw materials to ensure cost savings and optimum logistic benefits.
The promoters of the company are Mr. Lavjibhai Valjibhai Savaliya and Mr. Lalitkumar Chandulal Vasoya.