MoneyWorks4Me

Mold-Tek Packaging receives Insurance Claim

05 May 2014 Evaluate

Mold-Tek Packaging has received an amount of Rs 6.24 crore, against Daman Unit's fire accident insurance claim, in addition to the salvage value that is recoverable. The net loss due to the accident may be around Rs 42.00 Lacs, net of salvage value, which is subject to Final Audit.

Mold-Tek Packaging is the leader in manufacturing of plastic packaging products including pails. It specializes in both standard and made-to-order packaging solutions for leading brands of paints, lubricants, pharmaceuticals, cosmetics, FMCGs, etc.

Peers
Company Name CMP
Uflex 655.50
EPL 239.45
AGI Greenpac 819.50
Huhtamaki India 243.35
TCPL Packaging 3901.50
View more..