Borosil Glass Works makes additional investment in subsidiary company

08 Aug 2019

Borosil Glass Works has made an additional investment of Rs 5,00,00,089 by way of subscription to the fresh rights issue of partly paid up equity shares of Klass Pack (Klasspack), a subsidiary company.

With the said investment, the company’s shareholding in Klasspack has increased from 75.73% to 79.52%.

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

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