Sanghvi Brands enters into management and operation agreement for two properties

The Board of Directors of Sanghvi Brands Limited at their meeting held on Thursday 3rd March 2022 reviewed the business operations of the Company and discussed future strategies to deliver responsible growth.

The Company has entered into management and operating agreements with Goldfinch Resorts Private Limited - Goa which started its operation in February 2022 and 25 South Realty Limited - Mumbai wherein the operation is expected to start in FY 2022-2023.

Shares of Sanghvi Brands Ltd was last trading in BSE at Rs. 16.20 as compared to the previous close of Rs. 15.44. The total number of shares traded during the day was 5000 in over 5 trades.

The stock hit an intraday high of Rs. 16.20 and intraday low of 15.45. The net turnover during the day was Rs. 80250.00.

Source : Equity Bulls

Keywords

SanghviBrands INE204Y01010 Hotels Management OperatingAgreement Goa Mumbai