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Acquisition

Riddhi Siddhi Gluco Biols Acquisition

Riddhi Siddhi Gluco Biols Ltd (RSGBL) has completed the acquisition of Cargill’s corn wet milling facility in Davangere, Karnataka. The plant has an annual capacity of 300,000 MT. This strategic move strengthens RSGBL's manufacturing capabilities in the starch and derivatives industry and expands its footprint in southern India.

Source

BSE filing, NSE: RIDDHI. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Riddhi Siddhi Gluco Biols Ltd: key numbers

Share price
₹670.00
Market cap
₹477.7 Cr
Revenue (annual)
₹235.8 Cr
Net profit (annual)
₹-4.48 Cr
P/E (TTM)
-50.4×Sector 43.1×
Promoter holding
75.00%+0.00% QoQ
FII holding
2.67%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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