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Founded in 2004, Sellowrap Industries Ltd specializes in customized components for the automotive and white goods sectors, serving major OEMs in India and abroad with adhesive and non-adhesive processed components made from various foam and plastic grades.
Sellowrap leased 2.48 acres from SIPCOT in Ranipet, Tamil Nadu, for 99 years at 1.81 Cr. This land will be used to establish new manufacturing units, enabling significant business expansion.
Sellowrap promoter Pooja Poddar acquired 20,800 shares from the open market. Her stake now increases to 7.53%, totaling 10,35,000 shares. This signals increased promoter confidence.
Sellowrap's Promoter Group member Radhika Poddar acquired 28,800 shares via open market. This increases her stake from 0.44% to 0.65%. The company's equity capital is Rs 13.74 Cr.
Sellowrap Industries' promoter, Pooja Poddar, increased her stake by 0.14% through open market purchases, now holding 7.37% of the company. This signals continued confidence from the promoter group.
Sellowrap's RTA confirmed smooth processing of share dematerialization requests. For the last quarter, no physical shares were received for dematerialization, indicating efficient operations and no backlog.