Corporate News     20-Nov-23
Board of Sprayking Agro Equipment approves IPO of subsidiary - Narmadesh Brass Industries
Sprayking Agro Equipment announced that the Board of the Company has approved raising of funds in its subsidiary Narmadesh Brass Industries through Initial Public offer via board meeting dated 17 November 2023 subject to relevant regulatory Approvals.

The Company intends grow by leaps and bounds and this raising of funds in the Subsidiary Company is the strategic move by Sprayking in order to grow and expand the business operations. Sprayking owns Majority stake in the Narmadesh Brass Industries. IPO of its subsidiary Company will further strengthen the consolidated financials of the Company.

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