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Jindal Poly Films commissions capacity expansion at Global Non-Woven Division

18 Mar 2023 Evaluate

Jindal Poly Films has successfully commissioned the capacity expansion project at its Global Non-Woven Division at Nashik Plant. The company has expand capacity from existing 36000 MT to 58000 MT.

Earlier, the company had 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.

Peers
Company Name CMP
Vardhman Textiles 570.20
Welspun Living 223.85
Arvind 556.20
Raymond Lifestyle 705.75
K.P.R. Mill 1135.05
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