Saboo Sodium-Chloro Limited announced that it has acquired 743,626 shares of Spectrum Foods Limited at an average price of INR 26.37 through the open market. This acquisition increases SSCL’s total shareholding in Spectrum Foods Limited to 978,244 shares.
Saboo Sodlum Chloro Limited remains dedicated to pursuing investment opportunities that align with our long-term strategic-goals of maximizing shareholder value.
Spectrum Foods Limited is a 200,000 TPA salt refinery in Phalodi, Rajasthan and ‘owns a 1.5MW Windmill in Ratlam, Madhya Pradesh with a 30 -year Power Purchase Agreement (PPA) with MPPCL.
Saboo Sodlum Chloro Limited is also constructing a 138 room five-star resort in Pushkar, Rajasthan.