Shri Dinesh Mills Ltd
Shri Dinesh Mills Sells Stake in Dinesh Remedies for ₹5.43 Crores 💰
- Shri Dinesh Mills sold its entire investment in Dinesh Remedies on 27th August, 2025.
- Buyers include Mr. Dixit Rashmikantbhai Patel and affiliates.
- Total sale consideration: ₹3.14 crores for 1.31 crore equity shares and ₹2.29 crores for 20.97 lakh preference shares.
- Dinesh Remedies contributed 30.09% (₹3428.71 lakhs) to consolidated turnover and 5.94% (₹1154.79 lakhs) to net worth as of 31st March 2025.
- Expected completion by 15th September, 2025.
- Shareholders approved the sale via Special Resolution on 14th December, 2024.