Sarda Proteins

Sarda Proteins Limited is presently engaged in the business of dealing in various food products, including protein food, food grains, and vegetable oils. The Board of Directors has decided to pivot the company's main line of business towards the Power Industry, focusing on solar cell manufacturing and generation. This new venture will involve activities like generating, producing, buying, and selling solar power, wind power, and other forms of regenerative energy. To align with this new strategy, the company proposes changing its name from 'Sarda Proteins Limited' to 'ONIX POWER LIMITED'. Furthermore, the company's registered office will be relocated from Rajasthan to Gujarat to leverage the significant business potential in the solar industry there. Financially, the company has shown a positive turnaround, with the Net Profit after tax for the financial year 2023-24 being ?1.94 lakhs.;