Sunrakshakk Industries India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/06/2025 ,inter alia, to consider and approve This is to inform ....
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Sunrakshakk Industries India Ltd (formerly A.K. Spintex Limited), a Bhilwara-based company, has informed BSE about a Board of Directors meeting scheduled for Friday, June 13, 2025 at its registered office. The key item on the agenda is to discuss and decide on the acquisition of factory land, building, and plant & machinery from associate companies, subject to necessary approvals. The intimation has been filed under Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company is listed on BSE with scrip code 539300.
If approved, this acquisition from associate companies would be a related-party transaction that could expand the company's manufacturing capacity, but it will require regulatory and shareholder approvals. Investors should watch for the outcome of the June 13 meeting and any subsequent disclosures on deal valuation and terms.