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Uflex to acquire 9.49% stake in Amplus Phoenix Energy

23 Jan 2024 Evaluate

Uflex has entered into Power Purchase agreement and Share Subscription and Shareholders’ agreement for acquisition of 9.49% equity shares aggregating to Rs 6.24 crore in Amplus Phoenix Energy (Amplus Phoenix). This investment is intended for the purpose of sourcing of green/renewable power on long term basis under group captive power policy and to reduce green-house gas emissions.

Uflex is India's largest multinational flexible packaging materials and Solution Company and an leading global player on polymer sciences.

Uflex Share Price

397.25 -5.15 (-1.28%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Uflex 397.25
EPL 223.35
AGI Greenpac 559.60
Huhtamaki India 185.40
TCPL Packaging 2626.00
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