AMD Industries has received an approval to sell off, in part or whole, of the investment, held by the company in equity shares of its subsidiary, AMD Estates & Developers (AEDPL) to any of its associated entities/person. The board of directors at their meeting held on February 10, 2015 have approved for the same.
Consequent to sale of equity shares equal to or more than 2%, AEDPL shall not remain the subsidiary of the company.
AMD Industries is engaged in the manufacturing of packaging articles being used in soft drinks, Beverages, water, beer, liquor and pharmaceutical industries.
