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Belding India incorporates joint venture company with HD Fabcon

23 Jun 2026 Evaluate

Belding India has incorporated a joint venture (JV) company namely ‘Belding HD India’ with HD Fabcon on June 22, 2026. The company holds a 55% stake in the newly formed joint venture, while HD Fabcon holds the remaining 45%. The JV belongs to battery energy storage system and renewable energy industry.

The joint venture will leverage the business development and market access capabilities of HD Fabcon together with the execution, operational, project management, and manufacturing capabilities of the company and its group entities. The entity shall primarily focus on identifying, securing, executing, and managing projects across the sectors, with an emphasis on developing scalable business opportunities, large projects and long-term strategic customer relationships.

Belding India (formerly known as Synthiko Foils) is engaged in manufacturing, supplying and exporting Aluminium Packaging Foils. The range offered by it comprises Alu Alu Foils, Lidding Foil, Two Ply and Three Ply Laminates, Blister Foil, Printed Aluminum Foil, Laminated Aluminum Foil and Aluminum Foil Lids.

Belding India Share Price

1449.25 -6.20 (-0.43%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Uflex 438.55
EPL 237.25
AGI Greenpac 708.05
Huhtamaki India 215.55
TCPL Packaging 2945.75
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