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Borosil Glass Works to wind up Dubai based Wholly Owned Subsidiary

21 Dec 2018 Evaluate

Borosil Glass Works has received an approval for winding up of its Dubai based Wholly Owned Subsidiary i.e. Borosil Afrasia FZE, following which winding up process of the said subsidiary will be initiated. The Board of Directors of the company, on December 20, 2018, approved the same.

Borosil Glass Works is the market leader for laboratory glassware and microwavable kitchenware in India.

Peers
Company Name CMP
Asahi India Glass 1026.65
Borosil Renewables 409.85
Borosil Scientific 108.60
Haldyn Glass 134.65
Sejal Glass 876.45
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