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* - Tentative Dates
The objects of the issue are:
Shrydus Industries Ltd's revenue increased by 1.52% and profit after tax (PAT) rose by 75.33% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 16.89 | 6.91 |
| Revenue | 9.45 | 9.31 |
| Profit After Tax | 0.52 | 0.30 |
| Reserves and Surplus | -6.05 | -7.75 |
| Amount in ₹ Crore | ||
Shrydus Industries Limited was incorporated in January 1983 as “Hazari Trade and Holdings Limited”. The company is acquiring a 100% export oriented pharmaceutical manufacturing plant for tablets and capsules with over 400 products, registered under the name of Astra Lifecare (India) Private Limited in the Gujarat region of India. The pharmaceutical plant is to be acquired by acquiring 100% of the shares and ownership. The company intends to use the rights issue proceeds to acquire the pharmaceutical manufacturing facility.
