Sintex Plastics Technology has received approval for sale of Auto Division of Sintex-BAPL, the wholly owned material subsidiary of the Company. The company has constituted the ‘Auto Division Divestment Committee’ to examine and finalize the proposals including completing all legal requirements.
The Board of Directors of the Company at its meeting held on May 21, 2019 has approved the same.
Sintex Plastics Technology is a globally-respected conglomerate with a large and growing presence in plastic processing.