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Astral Poly Technik to increase stake in JV

02 Dec 2017 Evaluate

Astral Poly Technik has received an approval to purchase additional equity shares of Astral Pipes, Kenya (Joint Venture) from an existing shareholder thereby increasing the company's stake in Joint Venture from 37.5% to 50%. The Board of Directors of the company in its meeting held on December 01, 2017, approved the same.

Astral Poly Technik offers products like Astral FlowGuard CPVC, Astral  Corzan Aquarius, Astral Aquarius and Astral Underground.

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