Shish Industries income up 27.10 Percent to INR 23.78 crore, PAT of INR 2.62 crore, up 64.78 Percent over Q1 2023-24 for the quarter ended June 30, 2024

In April 2024, the Company had signed a 5 years trade agreement with USA based entity Best Construction Products Inc for minimum export of approx. Rs 313 Crores (USD 37.5 million).

In May 2024, the Company had done a successful fund raise of approx. Rs 51.26 Crores (USD 6.13 Million) – Rs 8.05 Crores as preferential issue allotment and Rs 43.21 Crores as convertible equity warrant at price of Rs 120.05 per equity share.

In line with the Company’s strategic expansion plan, in May 2024, the Company had announced the successful acquisition of two major companies, Dunnage Bag Private Limited and Interstar Polyfab Private Limited, both of which have a proven track record and goodwill, thus significantly contributing to our growth in quarter one of 2024-25.

Shish Industries Limited through intense research in its field, brings innovations & customization solutions to global customers, driven by strong development capabilities. Company has shown great development since its incorporation. Various innovative developments have always provided the Company an edge over other industries in its field. Founded in 2012, Shish Industries Ltd. has become a trusted manufacturer & exporter of plastic corrugated sheets, PP box, FIBC Bags, PP/PE woven fabric, tarpaulin, shipping packaging supplies. Company has its registered & corporate offices and various factories in Surat district, Gujarat.  For further information on Shish Industries Ltd., visit www.shishindustries.com

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.