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Jindal Poly Films acquires entire stake in Jindal India Solar Energy

27 Aug 2021 Evaluate

Jindal Poly Films has acquired 100% shares of Jindal India Solar Energy and consequent thereof Jindal India Solar Energy have become wholly owned subsidiary of Jindal Poly Films. The company intends to do Renewal/Solar energy business through separate company i.e subsidiary, so acquired this Company.

Jindal Poly Films is a part of the diversified B C Jindal group. The group has interests in flexible packaging, photographic products, thermal power generation and steel products. JPFL has the world’s single largest site for production of BOPP and BOPET films at Nasik, India.

Peers
Company Name CMP
Vardhman Textiles 565.20
Welspun Living 221.45
Arvind 569.50
Raymond Lifestyle 704.00
K.P.R. Mill 1133.00
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