CDG Petchem has received approval for a strategic investment in equity shares of Jujhar Logistic and Travels for acquisition of stake not less than 51% of expanded capital of Jujhar Logistic and Travels. The purpose of this investment is to make Jujhar Logistic and Travels a subsidiary of the company. The Board of Directors of the company, in their meeting held on April 08, 2025, considered and approved the same.
Additionally, the board has approved the increase of Authorised Share Capital of the company from existing Rs 5 crore consisting of 50 lakh equity shares of face value Rs 10 each to Rs 10 crores consisting of 1 crore equity shares of face value Rs 10 each.
CDG Petchem is engaged in the activities Merchant Export & Third country Trade, Imports - Marketing & Distribution of Mats / Mattresses, Insulation Sheet and Pillows.
