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Pankaj Polypack gets nod to acquire stake in Morbido Merchandise

Pankaj Polypack gets nod to acquire stake in Morbido Merchandise

Pankaj Polypack has received an approval to acquire 300 equity shares of Rs 10.00 each face value of Morbido Merchandise, constituting to 0.30% of the paid up capital of the company, in which the company holds 99.70% equity. The Board of Directors of the company at their meeting held on November 13, 2018, approved the same.

Pankaj Polypack manufactures polypropylene (PP) sheets, polypropylene disposable glass and polypropylene disposable wares. The company was incorporated in 2011 and is based in Secunderabad, India.

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