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Awaiting price reaction for this filing.
The board of Sunrakshakk Industries India Ltd met on June 13, 2025 and approved two asset purchases. First, it decided to buy land, building, plant and machinery of a plant in Guwahati, Assam from M/s. ACME Industries, a partnership firm, to expand into soap noodles and cosmetics. Second, it approved buying plant and machinery of two units in Bhilwara, Rajasthan from M/s. STSONS Industries Pvt. Ltd. to expand into food products. Both deals are funded through internal/external sources, though specific financial details were not disclosed. Directors Tilok Chand Chhabra and Prakash Chand Chhabra have been authorised to sign and execute the transactions.
This is a forward-looking expansion into new product categories (soap, cosmetics, food) which diversifies revenue beyond the company's existing textile business. Positive for growth prospects, but investors should watch for the financial cost and execution risk since no deal valuation was disclosed.