Shervani Industrial Syndicate Buyback Record Date 2024, Price, Entitlement Ratio

Shervani Industrial Syndicate Buyback Record Date is finalized.

Incorporated in 1948, Shervani Industrial Syndicate (SISL) originally focused on the production of Geep brand Torches & Drycell Batteries. However, its endeavors expanded as it ventured into the realm of Real Estate. One of its pioneering real estate ventures was the development of Sterling Apartments located in Prayagraj.

The company is developing Shervani Legacy, a residential gated colony in Shervani Nagar, Prayagraj. It includes residential plots, commercial areas, group housing, and a school. The campus has ample open space, featuring parks, playgrounds, a rainwater harvesting pond, and wide roads with pathways.

In the fiscal year 2023, the group housing project Naman Homes was finished six months ahead of the committed date to customers. Currently, construction work on the project The Crescent is underway and is scheduled to be completed ahead of the planned timeframe.

Farco Foods Private Limited, a wholly-owned subsidiary of the company, specializes in manufacturing biscuits on a job-work basis for M/s Surya Foods and Agro Limited under their Priya Gold brand. In the fiscal year 2023, the company produced approximately 6016 metric tons of biscuits.

Shervani Industrial Syndicate Buyback Record Date, Other Details

Shervani Industrial Syndicate Buyback Dates (Timeline)

Shervani Industrial Syndicate Buyback 2024 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback

Shervani Industrial Syndicate Buyback Entitlement Ratio

A small Shareholder is defined as a shareholder who holds shares worth less than INR 2,00,000 as of the record date.

Shervani Industrial Syndicate Financial Performance

Calculation of Investment in Buyback

Registrar of Shervani Industrial Syndicate Buyback 2024

LINK INTIME INDIA PRIVATE LIMITED
C101, 247 Park, LBS Marg,
Vikhroli (West), Mumbai 400 083
Tel: +91-22-49186200
E-mail: [email protected]
Website: www.linkintime.co.in

Manager of Shervani Industrial Syndicate Buyback 2024

SUMEDHA FISCAL SERVICES LIMITED
6A Geetanjali, 6th Floor,
8B Middleton Street, Kolkata – 700071
Tel: (033) 2229 8936/6813 5900
E-mail: [email protected]
Website: www.sumedhafiscal.com

The Process to Participate in the Shervani Industrial Syndicate Buyback

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.

Frequently Asked Questions