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Board of Premier Polyfilm approves proposal to set up manufacturing unit

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Capital Market

At meeting held on 27 May 2014

Premier Polyfilm announced that the Board of Directors of the Company at its meeting held on 27 May 2014, inter alia, approved a proposal for setting up of a new unit at Company's Industrial plot at Sikandrabad District Bulandshahar (UP).

The proposed unit will be for manufacture of PVC Sheeting and Films, Soft touch cushion type of Artificial PVC Leather cloth, knitted Fabric and PVC calendered Geomembranes and various other superior products at an estimated cost of Rs 15.50 crore (excluding Working Capital) to be met by the bank loan and unsecured loan from promoters and internal accruals.

 

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First Published: Jun 03 2014 | 11:08 AM IST

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