MoneyWorks4Me

Kalpena Industries to hive off its Dhulagarh Unit

15 Nov 2013 Evaluate

Kalpena Industries has decided to hive off its Dhulagarh Unit subject to approval of the shareholders. The board of directors at its meeting held on November 14, 2013 has approved for the same.

Kalpena established a modern unit at Daman for the manufacture of PVC compounds. Sustained growth over the next decade necessitated another round of expansion in 1994, when the group set up a second unit in Daman. This state-of-the art plant employed the latest process technology to manufacture XLPE compounds.

Peers
Company Name CMP
Supreme Industries 3500.65
Astral 1460.00
Finolex Industries 157.05
Nilkamal 2067.60
Jain Irrigation Sys 30.01
View more..