Shish Industries acquires multiple businesses, machinery and land as part of its robust expansion plan
Sep 04, 2023
Surat (Gujarat) [India], September 4: Shish Industries Ltd. (BSE Code: 540693) has announced the acquisition of 3 businesses basis the decision taken by the Board of Directors of the Company in their Board Meeting held on 29th August 2023. The present expansion plan comprises of the incorporation of its wholly owned subsidiary VARNI Wood & Paper Packaging Private Limited ("VARNI"), acquisition of Varni proprietary concern machinery, most of the employees, brand, client & existing running business, similarly M/s. Tapeplast Industries, a Partnership Firm and M/s. Stick at Touch, a prominent Proprietorship Entity.