Sintex Industries has received approval to disinvest its entire equity stake in Zep Infratech, the Wholly Owned subsidiary of the Company to Khadayata Decor. The Committee of Board of Directors at its meeting held on March 26, 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.