SHISH INDUSTRIES LTD.
NSE : NABSE : 540693ISIN
CODE : INE145Y01015Industry : Plastic ProductsHouse
: Private
BSE154.001.85 (+1.22 % )
PREV CLOSE (Rs.) 152.15
OPEN PRICE (Rs.) 157.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 5234
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE
This Company is not listed in NSE
Company News
| Date | Heading | Details |
|---|---|---|
| 07-May-2024 | Shish Industries informs about outcome of board meeting | <p style="text-align: justify;">Shish Industries has informed that the Board of Directors of the Company, in their Board Meeting held on today, on May 7, 2024, at the Registered Office of the Company which was commenced at 02:00 pm and concluded at 02:30 pm, has apart from other business, considered and approved, allotment of 566520 equity shares of face value Rupees 10.00 each, for cash, at a price of Rupees 120.05 per equity share (including a premium of Rupees 110.05 per equity share), aggregating to Rupees 6,80,10,726.00 by way of a preferential issue to the allottees as approved by the Members of the Company. Consequent to above mentioned allotment, the issued, subscribed and paid-up equity share capital of the Company stands increased to Rupees 35,57,36,690.00 divided into 35573669 equity shares of face value Rupees 10.00 each from Rupees 35,00,71,490.00 divided into 35007149 equity shares of face value Rupees 10.00 each. Equity shares allotted on the preferential allotment basis shall rank with the existing equity shares of the Company in all respects.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 23-Apr-2024 | Shish Industries signs commercial trade agreement with Best Construction Products | <p style="text-align: justify;">Shish Industries (SIL) has signed a significant long-term commercial trade agreement with the USA based entity Best Construction Products Inc. (BCP). This agreement brings together SIL, a leading company specialising in the production and supply of Construction, Packaging & Thermal Insulation related Products, and BCP, a distinguished entity in the United States engaged in quality construction materials.</p><p style="text-align: justify;">Under the terms of the agreement, SIL will supply a variety of agreed products crucial for construction purposes to BCP over a period of 5 years amounting to minimum $37.5 million (approximate Rs 312 crore present value). The parties have agreed on dynamic pricing based on raw material pricings, actual freight charges, quality assurance and more. The agreement also outlines the minimum commitment purchase by BCP year on year and compensation of 3% for any shortage in that, given as advance deposit to SIL.</p><p style="text-align: justify;">Shish Industries is manufacturer of plastic corrugated sheets, having large distribution network of distributors, warehouses and retail stores with location in over India and will expand to global markets further. </p><div style="text-align: justify;"><br></div> |
| 23-Apr-2024 | Patanjali Foods, Hazoor Mult Projects and Shish Industries to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Patanjali Foods </span>has incorporated two Wholly Owned Subsidiary (WOS) Companies namely, ‘Contemporary Agro' and ‘Rishikrishi Farming' in India. The WOS Companies are Incorporated in India to provide training to farmers, to use other human resources in the field of farming, improve all type of farming and innovate in the area of farming, agriculture and plantation, to produce high quality of seed of fruits, vegetables and grains.</p><p style="text-align: justify;"><span style="font-weight: bold;">Hazoor Mult Projects </span>has acquired 100% equity shares of Square Port Shipyard, a company incorporated on November 29, 2022 under the Companies Act, 2013, by way of Share Purchase Agreement (SPA), and for cash consideration of Rs 3.91 crore. </p><p style="text-align: justify;"><span style="font-weight: bold;">Shish Industries </span>(SIL) has signed a significant long-term commercial trade agreement, with the USA based entity Best Construction Products Inc. (BCP). This agreement brings together SIL, a leading company specialising in the production and supply of Construction, Packaging & Thermal Insulation related Products, and BCP, a distinguished entity in the United States engaged in quality construction materials.</p><p style="text-align: justify;"><span style="font-weight: bold;">Hindustan Aeronautics</span> (HAL) has signed a transfer of technology agreement with National Aerospace Laboratories for the manufacture of the Bismaleimide Engine Bay Door for the series production of Light Combat Aircraft Tejas Mk1A. Light Combat Aircraft (LCA) Tejas Mk1A is an indigenous 4.5 generation, all-weather and multi-role fighter aircraft for the Indian Air Force (IAF). With the signing of the technology transfer for Bismaleimide (BMI) Engine Bay Door (EBD), HAL can directly produce these high-temperature resistant composite parts for the series production of LCA Mk1A aircraft meeting the initial requirement of IAF squadrons.</p><p style="text-align: justify;"><span style="font-weight: bold;">Oberoi Realty </span>has sold 228 units worth Rs 1,775 crore in the fourth quarter (Q4) of the last fiscal year. It sold 4.49 lakh square feet of carpet area in Q4. During the entire 2023-24 fiscal year, Oberoi Realty sold 705 units for Rs 4,007 crore. The total carpet area booked stood at 10.76 lakh square feet during the last fiscal year. </p><p style="text-align: justify;"><span style="font-weight: bold;">Adroit Infotech's</span> subsidiary -- Verso Altima India has secured order worth Rs 2.00 crore from BIZNET (PT Supra Primatama Nusantara, Jakartha) for BIZNET SAP BRIM - Managed Services. This project involves the Functional and Technical support for the SAP - BRIM application and Comprehensive onsite/Off shore support for one year.</p><p style="text-align: justify;"><span style="font-weight: bold;">Globus Spirits</span> has commenced commercial production with a bottling capacity of 25000 cases per line per month in its newly set up unit located at District :-LakhimpurKheri, Uttar Pradesh. As on date 2 lines have been commissioned with one line dedicated to Tetra. The said bottling production has been completed with a total investment of Rs 38 crore financed largely through internal accruals and a term loan drawdown of Rs 15 crore. </p><div style="text-align: justify;"><br></div> |
| 23-Apr-2024 | Shish Industries surges on signing commercial trade agreement with Best Construction Products | <p style="text-align: justify;">Shish Industries is currently trading at Rs. 155.00, up by 11.60 points or 8.09% from its previous closing of Rs. 143.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 160.00 and has touched a high and low of Rs. 161.00 and Rs. 150.50 respectively. So far 42940 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 161.00 on 23-Apr-2023 and a 52 week low of Rs. 92.81 on 25-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 161.00 and Rs. 124.90 respectively. The current market cap of the company is Rs. 502.00 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 66.82%, while Non-Institutions held 33.18% stake in the company.</p><p style="text-align: justify;">Shish Industries (SIL) has signed a significant long-term commercial trade agreement with the USA based entity Best Construction Products Inc. (BCP). This agreement brings together SIL, a leading company specialising in the production and supply of Construction, Packaging & Thermal Insulation related Products, and BCP, a distinguished entity in the United States engaged in quality construction materials.</p><p style="text-align: justify;">Under the terms of the agreement, SIL will supply a variety of agreed products crucial for construction purposes to BCP over a period of 5 years amounting to minimum $37.5 million (approximate Rs 312 crore present value). The parties have agreed on dynamic pricing based on raw material pricings, actual freight charges, quality assurance and more. The agreement also outlines the minimum commitment purchase by BCP year on year and compensation of 3% for any shortage in that, given as advance deposit to SIL.</p><p style="text-align: justify;">Shish Industries is manufacturer of plastic corrugated sheets, having large distribution network of distributors, warehouses and retail stores with location in over India and will expand to global markets further.</p><div style="text-align: justify;"><br></div> |
| 18-Apr-2024 | Shish Industries informs about outcome of board meeting | <div style="text-align: justify;">Shish Industries has informed that the Board of Directors of the Company in their Board Meeting held on today, on April 18.2024, at the Registered Office of the Company which was commenced at 04 :30 P.M. and concluded at 05:00 PM, have, apart from other businesses, considered, approved and taken on record the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended on March 31, 2024 along with Auditor's Reports (Unmodified Opinion) and Declaration for the Auditor's Reports with Unmodified Report. In this regard, it submitted the followings: Audited (Standalone and Consolidated) Financial Results for the quarter and year ended on March 31. 2024; Standalone and Consolidated Statement of Assets and Liabilities; Standalone and Consolidated Cash Flow Statements; Audit Reports' (unmodified opinion) on the Audited Standalone and Consolidated Financial Results; Declaration by the Company (for audit reports with unmodified opinion); Statement of Utilization of issue proceed of Preferential Issue.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 09-Apr-2024 | Cancellation of Board Meeting | Audited Results (Revised) The Board Meeting to be held on 12/04/2024 has been revised to 18/04/2024 |
| 08-Mar-2024 | Shish Industries gets nod to acquire 100% stake in Dunnage Bag | <p style="text-align: justify;">Shish Industries has received approval for 100% acquisition of Dunnage Bag (DBPL) by way of acquisition of all the Equity shares of the DBPL at a total consideration of not exceeding Rs 980 lakh. Consequent to such acquisition DBPL shall become a Wholly owned subsidiary of the Company. The Board of Directors of the company, in their meeting held on March 7, 2024 has approved the same. </p><p style="text-align: justify;">Shish Industries is manufacturer of plastic corrugated sheets, having large distribution network of distributors, warehouses and retail stores with location in over India and will expand to global markets further. </p><div style="text-align: justify;"><br></div> |
| 08-Mar-2024 | Shish Industries gets nod to acquire 76.67% stake in Interstar Polyfab | <p style="text-align: justify;">Shish Industries has received approval for acquisition of 76.67% stake in Interstar Polyfab (IPPL) by way of acquisition of requisite number of Equity shares of the IPPL at a total consideration of not exceeding Rs 480 lakh. Consequent to such acquisition, IPPL shall become a subsidiary of the company.</p><p style="text-align: justify;">IPPL carries on business of manufacturing of all types of small bags, FIBC Bags, Woven sacks, and other allied items made of one or more materials like HDPE, LDPE, PVC, PP, laminating materials. The acquisition shall be beneficial to leverage the growth opportunities in the business of manufacturing of all types of small bags, FIBC Bags, Woven sacks, and other allied items made of one or more materials like HDPE, LDPE, PVC, PP, laminating materials. </p><p style="text-align: justify;">Shish Industries is manufacturer of plastic corrugated sheets, having large distribution network of distributors, warehouses and retail stores with location in over India and will expand to global markets further. </p><div style="text-align: justify;"><br></div> |
| 08-Mar-2024 | Shish Industries informs about outcome of board meeting | <div>Shish Industries has informed that the Board of Directors of the Company, in their Board Meeting held on today, on March 7, 2024, at the Registered Office of the Company which was commenced at 09:30 PM and concluded at 11:00 PM have; Approved 100% acquisition of Dunnage Bag (DBPL) by way of acquisition of all the Equity shares of the DBPL at a total consideration of not exceeding Rupees 980.00 Lakh. Consequent to such acquisition DBPL shall become a Wholly owned subsidiary of the Company; Detailed Disclosure is set out in Annexure A; Approved acquisition of 76.67% stake in Interstar Polyfab (IPPL) by way of acquisition of requisite number of Equity shares of the IPPL at a total consideration of not exceeding Rupees 480.00 Lakh.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 08-Mar-2024 | Shish Industries informs about press release | <div style="text-align: justify;">Shish Industries has informed that it enclosed press release with titled- ‘Shish Industry's Subsidiary To Launch Inpackaging, The Packaging Industry Unifying Digital Platform, Onboards Prof. Dr N.C.Saha Former Director, Indian Institute Of Packaging, Govt Of India As Chairman Advisory Board' at various online and print media platforms on March 8, 2024.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
