Zuari Industries Ltd Share Price – NSE  / BSE

Sugar, Small Cap

Shares of Texmaco Rail & Engineering declined 2.72% to Rs 128.36 on the BSE.

The binding term sheet outlines the provision of development management services, including coordination and management of project design, building plan approvals, construction, marketing & sales, brand tie-ups for retail & schools, collections, and the overall handover of the mixed-use development project on Texmaco?s land at Agarpara Mouza, Barrackpore-2 Block, 24 Parganas (North), West Bengal.

The projected development management fee for Zuari Infra is approximately Rs 130 crore over a period of 10 years. The binding term sheet will remain valid for 6 months or until the execution of the development management agreement (DMA), whichever comes first.

The developer will ensure clear and marketable title of the land, secure funding for the project, and comply with all applicable laws.

Zuari Infra is a wholly-owned subsidiary of ZIL. Texmaco is a related party of ZIL under the relevant provisions of the Companies Act, 2013, as Mr. Saroj Kumar Poddar, Chairman of ZIL, is also the Chairman of Texmaco and holds more than 2% of the paid-up share capital of Texmaco.

Zuari Global is the holding company of the well-established and diversified Adventz Group. The group comprises 23 Zuari Industries, whose primary business activity includes acquisition and development of land and extraction of sugar from sugarcane and its sale along with its other products. The company is also engaged in the generation and export of power by utilizing the by-product bagasse and the manufacture and sale of ethanol utilizing molasses.

Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings, pressure vessels, etc.

Shares of Zuari Industries declined 1.79% to currently trade at Rs 240.80 on the BSE.

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Net loss of Zuari Industries reported to Rs 24.74 crore in the quarter ended December 2024 as against net profit of Rs 729.31 crore during the previous quarter ended December 2023. Sales rose 103.08% to Rs 235.06 crore in the quarter ended December 2024 as against Rs 115.75 crore during the previous quarter ended December 2023.

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Zuari Industries will hold a meeting of the Board of Directors of the Company on 13 February 2025.

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Net loss of Zuari Industries reported to Rs 24.74 crore in the quarter ended December 2024 as against net profit of Rs 729.31 crore during the previous quarter ended December 2023. Sales rose 103.08% to Rs 235.06 crore in the quarter ended December 2024 as against Rs 115.75 crore during the previous quarter ended December 2023.

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Zuari Industries will hold a meeting of the Board of Directors of the Company on 13 February 2025.

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Net Loss of Zuari Industries reported to Rs 14.42 crore in the quarter ended September 2024 as against net loss of Rs 31.79 crore during the previous quarter ended September 2023. Sales declined 11.67% to Rs 237.29 crore in the quarter ended September 2024 as against Rs 268.65 crore during the previous quarter ended September 2023.

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Shares of Texmaco Rail & Engineering declined 2.72% to Rs 128.36 on the BSE.

The binding term sheet outlines the provision of development management services, including coordination and management of project design, building plan approvals, construction, marketing & sales, brand tie-ups for retail & schools, collections, and the overall handover of the mixed-use development project on Texmaco?s land at Agarpara Mouza, Barrackpore-2 Block, 24 Parganas (North), West Bengal.

The projected development management fee for Zuari Infra is approximately Rs 130 crore over a period of 10 years. The binding term sheet will remain valid for 6 months or until the execution of the development management agreement (DMA), whichever comes first.

The developer will ensure clear and marketable title of the land, secure funding for the project, and comply with all applicable laws.

Zuari Infra is a wholly-owned subsidiary of ZIL. Texmaco is a related party of ZIL under the relevant provisions of the Companies Act, 2013, as Mr. Saroj Kumar Poddar, Chairman of ZIL, is also the Chairman of Texmaco and holds more than 2% of the paid-up share capital of Texmaco.

Zuari Global is the holding company of the well-established and diversified Adventz Group. The group comprises 23 Zuari Industries, whose primary business activity includes acquisition and development of land and extraction of sugar from sugarcane and its sale along with its other products. The company is also engaged in the generation and export of power by utilizing the by-product bagasse and the manufacture and sale of ethanol utilizing molasses.

Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings, pressure vessels, etc.

Shares of Zuari Industries declined 1.79% to currently trade at Rs 240.80 on the BSE.

Powered by Capital Market - Live News

Net loss of Zuari Industries reported to Rs 24.74 crore in the quarter ended December 2024 as against net profit of Rs 729.31 crore during the previous quarter ended December 2023. Sales rose 103.08% to Rs 235.06 crore in the quarter ended December 2024 as against Rs 115.75 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

Zuari Industries will hold a meeting of the Board of Directors of the Company on 13 February 2025.

Powered by Capital Market - Live News

Net loss of Zuari Industries reported to Rs 24.74 crore in the quarter ended December 2024 as against net profit of Rs 729.31 crore during the previous quarter ended December 2023. Sales rose 103.08% to Rs 235.06 crore in the quarter ended December 2024 as against Rs 115.75 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

Zuari Industries will hold a meeting of the Board of Directors of the Company on 13 February 2025.

Powered by Capital Market - Live News

Net Loss of Zuari Industries reported to Rs 14.42 crore in the quarter ended September 2024 as against net loss of Rs 31.79 crore during the previous quarter ended September 2023. Sales declined 11.67% to Rs 237.29 crore in the quarter ended September 2024 as against Rs 268.65 crore during the previous quarter ended September 2023.

Powered by Capital Market - Live News