Ashish R Kacholia & PAC (Himalaya Finance and Investment Company) has offloaded 2.25 per cent equity stake in the Mold-Tek Packaging via open market transactions on May 31. With this, their shareholding in the firm stands reduced to 4.55 percent, down from 6.8 per cent earlier.
Mold-Tek Packaging is the leader in rigid plastic packaging in India. The company is involved in the manufacturing of injection molded containers for lubes, paints, food and other products.