Ashiana Agro Industries Share Price

Ashiana Agro Industries Limited was incorporated on June 18, 1990. The Company sold its edible vegetable oil plant and machinery and has not undertaken any manufacturing activities during the period 200607. It is involved in carrying on the business of Trading of Packaging material required for various industries. Earlier, the Company was engaged in financing activities. M/s Serengeti Holdings Pvt. Ltd., Chennai had taken over the Company duly complying with the SEBI (SAST) Regulations, 1997. They held 1175680 equity shares constituting 25.56% of the Equity Capital of the Company. The Company started commercial operations in 201819. The New Management identified Packaging Materials business as a new area during FY 202223. The new management has the expertise and experience to run this type of business. The Members have passed necessary Resolution to amend the Memorandum of Association of the Company enabling the Company to take up the new business.