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Hindprakash Industries gets nod to acquire stake in Hindparagon Polyresins

05 Jan 2023 Evaluate

Hindprakash Industries has received approval from Board of Directors of the company for purchase of 5,00,000 equity shares of face value of Rs 10  each fully paid up of Hindparagon Polyresins [HPPL] ( Group Company) from Hindprakash Chemicals, a group company [existing shareholder of HPPL]. The Board of Directors at its meeting held on January 5, 2023 has approved the same.

Hindprakash Industries is engaged in the manufacturing and trading of dyes, auxiliaries, intermediates and chemicals.

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