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Uflex to acquire 5.03% stake in Onevolt Energy

05 Jun 2024 Evaluate

Uflex has entered into Power Purchase Agreement and Share Subscription and Shareholders’ Agreement for acquisition of 5.03% equity shares aggregating to Rs 9.60 crore in Onevolt Energy. This investment is intended for the purpose of sourcing of solar power on long term basis under group captive power policy. 

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


Peers
Company Name CMP
Uflex 581.55
EPL 215.10
AGI Greenpac 717.30
Huhtamaki India 229.65
TCPL Packaging 4100.60
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