Xpro India gets nod to sell Biax Unit-I at Barjora

Xpro India has received an approval for sale/ transfer of Biax Division, Barjora Unit -I, manufacturing packaging grade BOPP Film, situated at Barjora Mejia Road in West Bengal on as is where is basis at a consideration of Rs 678 crore for Fixed Assets with East India Polyfilms. 

The expected date of completion of sale is June 30, 2019. The Board of Directors of the company at their meeting held on March 8, 2019, has approved the same.

Xpro India is an India-based company, which manufactures semi-finished plastic products, such as thermoplastic films/sheets/liners.