Uflex has divested 75% of its holding i.e. 4,800 fully paid and non-assessable shares of $5000 each in Flex Fills (USA) Inc. to Flex Middle East FZE, Dubai. The sale consideration has been received by the company against the sale of aforesaid shares.
Flex Fills (USA) Inc. and Flex Middle East FZE, Dubai are both wholly owned subsidiary of the company.
Uflex is engaged in production of Polyester chips, BOPET and BOPP films, Printing and Coating Inks, facilities for Holography, Metalization and PVDC coating, making Gravure Printing Cylinders, Gravure Printing, Lamination and Pouch formation.
