|₹4.2 / ₹2.8|
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Servoteach Industries Ltd. (formerly known as Servotech Engineering Industries Ltd) is a public company incorporated in 07 October 1994. The Company is engaged in the trading & supply of turnkey projects of solvent extraction plants, castor oil plants, edible oil plants, oil refinery plants, vanaspati plants, and dairy & food processing plants, chemical/ petrochemical, pharmaceutical plants etc. distilleries & its all type of equipment's, accessories, spare parts & components. The Company's business segment is primarily Process Engineering Division. On 28th June, 2018 Company have filed Application under Regulation 37 of the SEBI (Listing Obligations and disclosure Requirements) Regulations, 2015 for the proposed Composite Scheme of Amalgamation of Servotech India Limited (Transferor Company) with Servoteach Industries Limited (Transferee Company) and Capital Reduction of the Company. The Board on 05th November, 2018 considered and decided to withdraw the composite Scheme of Arrangement and Amalgamation of Servotech India Limited (the Transferor Company) with Servoteach Industries Limited (the transferee Company) and Capital Reduction of Servoteach Industries Limited. In FY 2019, the Company changed its name from Servotech Engineering Industries Limited to Servoteach Industries Limited by Special Resolution passed by its shareholders at Annual General meeting held on 29th September 2017.