Manaksia Industries has received an approval for setting up a Wholly Owned Subsidiary (WOS) Company in India, namely BKM Agrotech, for carrying out processing/ trading/ buy/ sell/ import/ export etc. of agro- commodities in domestic as well as international markets and other related activities and authorized to make investment either by way of equity shares and/or preference shares and/or convertible debt instruments or by any other means or provide loan to the company, as may be required from time to time, which may extend upto sum of Rs 20.00 crore in aggregate or such other amount as may be approved by the Board of Directors in due course. The board of directors at their meeting held on November 14, 2017 has approved for the same.
Manaksia Industries is a multi-division and multi-location conglomerate. The group specializes in the manufacture of packaging products (crowns, closures and metal containers), metal products and fast moving consumer goods, among others.
