Borosil Glass Works has made an investment of one million Dirhams, equivalent to approximately to Rs 1.82 crore by way of subscription in one additional share of Borosil Afrasia FZE, its wholly owned subsidiary in UAE, Dubai.
Earlier in August, the company had entered into a ‘Sale Deed’ for purchase of 4.73 hectares of land at Chomu in Jaipur, Rajasthan adjacent to the factory / office of its subsidiary viz. Hopewell Tablewar, for its future use, from unrelated parties at prevailing market rate.
Borosil Glass Works is the market leader for laboratory glassware and microwavable kitchenware in India.
