Rollatainers has received an approval to sell lease/ transfer/ dispose off company’s packaging business - carton manufacturing division on a going concern basis through slump sale or otherwise. The board of directors at its meeting held on February 11, 2016 has approved for the same.
The above is however subject to the approval of shareholders by way of special resolution and other statutory approvals, if any.
Rollatainers is an established leader in the global packaging industries. The company introduced the concept of System Packing in India by providing complete packaging solutions to its customers.
