Is sintex listed in NSE?

Is sintex listed in NSE?

Sintex Industries > Listing Details > Diversified > Listing Details of Sintex Industries – BSE: 502742, NSE: SINTEX.

Can I buy Sintex Industries share now?

As of now, trading is suspended in Sintex Industries shares but is open in Sintex Plastics Technology. Rs 49.56 lacs (Rs 26.67 lacs as of 2.18 pm on March 23rd) worth of shares were traded in Sintex Plastics on the NSE on March 22nd, 2022.

Is sintex a good investment?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Sintex Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What will happen to Sintex Industries shares?

Shares of Sintex Industries will be delisted from the exchanges following the approval of the insolvency resolution plan by the members of the committee of creditors (CoC). Reliance Industries-ACRE had won the bid to acquire the debt-ridden textile company on March 20.

Will sintex share become zero?

“Sintex Industries vide its announcement dated March 20, 2022, informed the Exchange regarding approval of the resolution plan by the Committee of Creditors’ members… which proposes that existing share capital of the Company shall be reduced to zero and the Company will be delisted from the stock exchanges,” said BSE …

Who is buying sintex?

Reliance-
Reliance-ACRE joint bid to acquire the Sintex Industries Ltd, which is undergoing an insolvency process, was approved by the lenders on Sunday. The Rs 3,651 crore bid is part of the plan which will see the share capital of the beleaguered textile company reduced to zero.

Is Reliance taking over sintex?

Reliance Industries-ACRE wins bid to acquire Sintex Industries, proposes to delist shares. Sintex Industries’ lenders have approved the joint bid of Reliance Industries (RIL) and Assets Care & Reconstruction Enterprise (ACRE) to acquire the debt-ridden textiles firm under the insolvency resolution process.

What is the future of Sintex Industries?

“In the above circumstances and to avoid market complications, trading in the securities of Sintex Industries Limited will be suspended with effect from March 22, 2022.” The assets of the company are being acquired by Reliance Industries jointly with Assets Care & Reconstruction Enterprise Limited.

What is status of Sintex share?

share price is falling by 4.88% today? Sintex Inds….Sintex Inds. Share Price Update.

Share Price Value
Today/Current/Last 7.80
Previous Day 8.20

Will Sintex share become zero?