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Shree Rama Multi-Tech Ltd. Company History and Annual Growth Details
- Shree Rama Multi-Tech Ltd. has launched an aggressive marketing drive, matching its capacity expansion programme, to cash in on the ever-increasing demand from the fast-moving consumer goods sector.
-The Company has recommended dividend @ 30% on equity shares.
-Shree Rama Multi-Tech launches new product.
-Shree Rama Multi-Tech Limited has has appointed Mr. Manan C. Bhavsar as the Deputy Company Secretary of the Company.
-The Company appointed Shri. Sharad C Jariwala as the Managing Director of the Company.
2013 - The prices of company's shares have gone up after the announcement of judgment by the Honble Supreme Court of India in the case of SEBI Vs. Nirma Limited. The said judgment requires Nirma Limited to complete the open offer of Shree Rama Multi-Tech Limited as per earlier announcement made by Nirma Limited. Accordingly, the appeal of Nirma Limited is dismissed by Honble Supreme Court.
2014 - PL Capital Markets Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a Copy of Final Letter of Offer regarding Open Offer by Nirma Industries Private Limited. (NIPL) and Nirma Chemical Works Pvt Ltd (NCWPL) (Acquirers) to acquire up to 1,26,93,601 equity shares of Rs. 5/- each (Offer) forming 20% of the fully paid up equity share capital of Shree Rama Multi-Tech Ltd ("Target Company") in terms of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto. (Takeover Regulations).