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.