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Flexituff International gets nod to sell FIBC Business of Pithampur unit

25 Aug 2023 Evaluate

Flexituff International has received approval for sale of Flexible Intermediate Bulk Container (FIBC) Business of Pithampur unit of the Company to Flexituff Technology International, subsidiary of the company. The Board of Directors of the company at their meeting held on August 24, 2023, inter alia, have considered and approved the same. Rationale for slump sale is repayment of outstanding debt and augmenting working capital and general corporate purpose.

Flexituff International is engaged in the production of FIBC, Geo-Textile Fabric and Ground Cover, Reverse Printed BOPP Woven Bags, Special PP Bags including Leno Bags.


Flexituff Ventures Share Price

7.05 -0.05 (-0.70%)
16-Jun-2026 16:01 View Price Chart
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Company Name CMP
Welspun Living 145.20
Vardhman Textiles 629.65
Arvind 496.80
K.P.R. Mill 1058.45
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