Mold-Tek Packaging has decided to set up new plants in the United Arab Emirates and two plants in India apart from expanding the existing tool room, FMCG and food packaging capacities.
Meanwhile, the company’s board has decided to increase authorised capital from Rs 13.5 crore to Rs 14.5 crore and to raise funds not exceeding Rs 60 crore through issuance of securities including equity shares or equity linked securities.
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.
