Kanpur Plastipack Limited approves sale of Plant and Machinery of CPP Division

The Board of Directors of Kanpur Plastipack Limited, at its meeting held today i.e. on 11th March, 2025, has approved the Sale of Plant and Machinery of its CPP division situated at Gajner Road, Village Shyampur Fatehpur Roshnai, Dist. Akbarpur, Kanpur Dehat- 209121., considering the non-viability of manufacturing operations to SRF Limited.

Total agreed Sales Consideration is Rs. 49.25 Cr.

Shares of Kanpur Plastipack Limited was last trading in BSE at Rs. 122.75 as compared to the previous close of Rs. 128.50. The total number of shares traded during the day was 312 in over 32 trades.

The stock hit an intraday high of Rs. 134.40 and intraday low of 118.25. The net turnover during the day was Rs. 38538.00.

Source : Equity Bulls

Keywords

KanpurPlastipack INE694E01014 CPPDivision Plant Machinery Sale SRF