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Vaibhav Global acquires stake in Encase Packaging

17 Mar 2022 Evaluate

Vaibhav Global has acquired, by way of preferential allotment, 30,00,000 equity shares having face value of Rs 10 each of Encase Packaging at a price of Rs 13.33 per equity share amounting to Rs. 3.99 crore on March 15, 2022. Consequent to the said allotment, the Company holds 60% of the total paid-up equity share capital of Encase Packaging being a holding Company.

Vaibhav Global earlier known as Vaibhav Gems incorporated in Jaipur in 1989, is today a professionally managed, end-to-end vertically integrated business organization.

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