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Kkalpana Industries to hold 98% of share capital in Free Zone

29 Oct 2019 Evaluate

Kkalpana Industries (India) has received approval to hold 98% of the share capital of the Free Zone Limited Liability Company to be established under the laws of the Sultanate, in Sohar Free Zone, Oman. The approximate proposed investment in the said company is $3 million. The Board of Directors of the Company at its meeting held on October 28, 2019 has approved the same.

Kkalpana Industries is part of a dynamic industrial house of Surana’s. It is engaged in manufacturing and sale of polyvinyl chloride (PVC) and cross linked polyethylene (XLPE) compound.

Peers
Company Name CMP
Supreme Industries 3500.65
Astral 1460.00
Finolex Industries 157.05
Nilkamal 2067.60
Jain Irrigation Sys 30.01
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