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Kkalpana Industries hikes stake in subsidiary company

05 Jul 2018 Evaluate

Kkalpana Industries India has increased stake in its subsidiary, Plastic Processors and Exporter. The company has further acquired 4994 equity shares of face value of Rs 10 each of its subsidiary company for cash at par. Post the acquisition, the company’s stake has increased to 99.98% of the paid up capital of Plastic Processors and Exporter.

Kkalpana Industries is engaged in manufacturing and sale of polyvinyl chloride (PVC) and cross linked polyethylene (XLPE) compound.


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