Wilmar Sugar Holdings hikes stake in Shree Renuka Sugars
22nd Sep 2020

Shree Renuka Sugars’ board of directors has considered and approved the allotment of 21,16,70,481 equity shares of Re 1 per share, for cash at a price of Rs 8.74 per share aggregating to Rs 185 crore on preferential basis to Promoter -- Wilmar Sugar Holdings Pte.

Shree Renuka Sugars is a fully integrated player focused on manufacturing and marketing of sugar, power and ethanol.