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Incorporated in 1892, Standard Industries Ltd is in the business of property division and trading in textiles and chemicals
Shareholders re-appointed Khurshed Thanawalla as Non-Executive Independent Director for a further five-year term. He brings over four decades of diverse industry experience. No adverse regulatory findings were noted, ensuring continuity in leadership.
Standard Industries (SIL) assigned development rights for its Dadar land to Prabhadevi Developer. The deal fetches Rs 169.51 Cr in tranches, plus four residential flats (25,774 sq ft) and 16 parking spaces in the upcoming project.
Standard Industries assigned development rights for Mumbai land for **₹169.51 Cr** cash and **25,774 sq ft** residential area. Board proposed **₹0.25/share** final dividend for FY25-26, pending shareholder nod. Also approved re-appointment of Independent Director and Internal Auditor.