Jindal Poly Films has made investment into Equity Shares of Universus Commercial Properties (UCPL) on its incorporation. Consequently, the company now holds 100% of the total paid up Equity Share capital of UCPL. Object of the proposed investment is to gain from the profitable real estate opportunities by UCPL.
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.