Pankaj Polymers has received its board's approval to sell the entire plant & machinery, land & buildings of HDPE unit as a whole or separately on such terms and conditions as a going concern on a ‘Slump Sale’ basis or otherwise to any party for a consideration to be determined by Registered Valuer or as may be agreed by the Board, subject to the approval of shareholders of the Company. The Board also approved the ‘Notice of Postal Ballot’ for obtaining approval of shareholders.
Pankaj Polymers is engaged in the business of manufacturing and marketing of polymer products. The company is based in Secunderabad, while the registered office of the company is at Andhra Pradesh.
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