Polyplex Corporation to sell entire stake in Peninsula Beverages

Polyplex Corporation Ltd. | Plastic Products | Chemicals & Fertilizers | BSE: 524051 | NSE: POLYPLEX

14 Feb 2017 Evaluate

Polyplex Corporation has received an approval for sale of its entire equity stake in Peninsula Beverages and Foods Company, a Non-material Wholly-owned Subsidiary Company. The board of directors at its meeting approved for the same.

Polyplex Corporation is one of India’s leading manufacturers and exporters of Biaxially Oriented Polyester (BOPET) Film for packaging, electrical and other industrial applications. The product range of the company includes Plain Film (Untreated), Plain Film (Treated), Plain Film (Untreated and Hazy) and Metallised.

Peers

Company Name	CMP
Supreme Industries	3453.00
Polyplex Corporation	1090.00
Astral	1409.40
Jain Irrigation Sys	30.66
Time Technoplast	177.75
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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