AMD Industries has received approval for a proposal to acquire 100% equity stake in Hindustan Autoplast (HAPL), a promoter group entity. Cost of acquisition is Rs 15 lakh. With this acquisition, the company has plans to explore organic growth in order to consolidate the operations and to improve operational efficiency. The said acquisition is expected to be completed on or before October 16, 2025. The Board of Directors of the company at their meeting held on October 14, 2025 has approved the same.
AMD Industries is one of the leading business houses in the field of packing solutions. It provides packing solutions to most of the successful and well-established companies engaged in beverages, liquor and processed foods ranging from small ventures to top multinationals.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3501.70 |
| Astral | 1526.75 |
| Finolex Inds | 173.00 |
| Nilkamal | 1257.85 |
| Jain Irrigation Sys | 30.87 |
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