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Jindal Poly Films to invest Rs 37 crore in wholly owned subsidiary

Jindal Poly Films has received approval to invest Rs 37 crore in the equity share Capital of Jindal Films India Ltd, a wholly owned Subsidiary of the Company. The Board of Directors of the Company at its meeting held on May 30, 2019 has approved the same.

Jindal Poly Films is a part of the diversified B C Jindal group. The group has interests in flexible packaging, photographic products, thermal power generation and steel products. JPFL has the world’s single largest site for production of BOPP and BOPET films at Nasik, India.

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