Pet Plastics sells entire stake in Exuberant Systems
The consideration received from such sale/ disposal is Rs 4.68 crore
Pet Plastics has entered into Share Purchase Agreement with ANS Buggy LLP for transfer of entire equity shares being held by the company in its subsidiary namely Exuberant Systems (ESPL). Therefore, with the completion of the aforesaid transfer, ESPL has ceased to be subsidiary of the company. The consideration received from such sale/ disposal is Rs 4.68 crore.
Pet Plastics is primarily engaged in the manufacturing and trading of plastic products like tarpaulins, pipes, and films.
