Aeroflex Enterprises Limited — Board Meeting, 07-05-2025: Outcome of Board Meeting
07-05-2025 | 06:57 pm
07-05-2025 | 06:57 pm
SAT Industries has announced a board meeting on a strategic expansion into real estate development via its subsidiary Sah Polymers, focusing on Tier 2 and 3 cities. The initial capex is set at ₹125 Cr, with a total phased investment of ₹325 Cr, funded through equity and debt. An additional ₹50 Cr infusion into Sah Polymers through various financial instruments was also approved. The earlier plan to merge Sah Polymers with SAT Industries has been shelved. Sah Polymers recorded a turnover of ₹113.67 Cr in FY25, continuing its core business in polypropylene and HDPE woven bags.
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