Bio Green Industries has received an approval for the proposal of merger and decided to take it forward which was received from Hotel Sai Siddhi. The board at its meeting held on January 04, 2013 has approved for the same.
Besides, Bio Green Industries has received an opportunity and offer from a company which owns granite mines and has proposed a joint venture. The board has decided that this proposal should be evaluated commercially and suitable report be submitted before the date of EOGM.
Bio Green Industries main line of business is that of manufacturing of Kraft paper (used in making corrugated boxes, Paper Tube / Cone / Core / Match Boxes / Shoe Boxes, Cosmetic Containers etc.) and Duplex Board (used in Gift Boxes / Shoe Boxes / Product Packaging boxes/Food Packaging/ Flat Files).