Ess Dee Aluminium gets nod to increase FII limit to 100%

Ess Dee Aluminium Ltd. | Packaging | FMCG | BSE: 532787 | NSE: ESSDEE

14 Aug 2013 Evaluate

Ess Dee Aluminium has received an approval to increase the Foreign Institutional Investors (FII) shareholding from 24% to 100% subject to members approval at the ensuing Annual General Meeting of the company. The board of director at its meeting held on August 13, 2013 has approved for the same.

Ess Dee Aluminium (EDAL) is engaged in manufacturing of aluminium foil and poly vinyl chloride (PVC) based products. Currently the company owns 8 state of the art manufacturing plant spread across India. Ess Dee is a leading supplier of primary packaging materials.

Peers

Company Name	CMP
Uflex	660.95
EPL	237.90
AGI Greenpac	820.80
Huhtamaki India	242.30
TCPL Packaging	4055.40
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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