|₹68.7 / ₹21.85|
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Sharat Industries Ltd. , formerly known as Sharat Seafoods was incorporated on 7 May '90 and became public in 1992. It was promoted by S Prasad Reddy, Smt S Devaku and Top Fortune International, Singapore. Engaged in acquaculture, the company's products are processed prawn, quality hatched seed and feed. Processed shrimps are marketed as individually quick frozen shrimps, cooked individually quick frozen shrimps and contact frozen shrimps. The company has a collaboration and a buy-back agreement with High Won Fishery Development Corporation, Singapore. The civil works for the Processing Plant are complete and the necessary machinery has been imported during the year. The commissioning of the Processing Plant was delayed due to adverse conditions of the Aqua industry.