Sintex Industries plans to disinvest its entire stake in Zep Infratech

Sintex Industries is evaluating possibilities to disinvest its entire equity stake in Zep Infratech, the Wholly Owned Subsidiary (WOS) of the company and has constituted a Committee of Directors to evaluate and finalize the offers received / to be received, in the best interest of the company. The board of director at its meeting held on January 30, 2014 has approved for the same.

Sintex Industries is the world largest producer of plastic water tank. It manufactures a wide range of plastic products including prefabricated structures, industrial custom molding products, monolithic constructions and water storage tanks.