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Uflex updates subsidiaries

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Capital Market
Last Updated : Oct 28 2014 | 6:02 PM IST

Proposes to divest stake in UPET Holdings (WOS), Mauritius

Uflex announced that the Company proposes to divest its 100% shareholding in UPET Holdings (WOS), Mauritius to another WOS Company, i.e. Flex Middle East FZE, Dubai in one or more tranches. Out of which, the Company has divested 16.67% of the total shareholding in UPET Holdings and received the sale consideration against the sale of such shares.

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First Published: Oct 28 2014 | 4:49 PM IST

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