Radha Madhav Corporation (RMCL) has received an approval to discuss with Jindal Poly Films for sale of company’s Rudrapur Unit. The board of directors at their meeting held on February 12, 2015 has approved to showcase, negotiate, discuss, execute various documents, agreement, deeds, etc for the same.
The above is however subject to various approval/consent of/from Lenders, statutory regulators, boards and other authorities as required.
Radha Madhav Corporation activities can be divided into two areas; primary packaging and secondary packaging. Primary packaging is again divided into flexible division and folded carton division while secondary packaging includes products like liners, specialty thermoformable films, cartons and various profiles for varied applications.
