|
| Exchange Disseminated Time | Jindal Poly Films Ltd has informed BSE that the Company has entered into an agreement with ExxonMobil Chemical (ExxonMobil) to purchase ExxonMobil's BOPP Global Film business. The agreement was signed on October 26, 2012. The transaction remains subject to necessary approval from regulatory authorities.
In this regard the Company has submitted to BSE a copy of Press Release.
Press Release:
"Jindal Poly Films Ltd (JPFL), a leading flexible packaging films producer, has entered into an agreement with ExxonMobil Chemical (ExxonMobil) to purchase ExxonMobil’s Biaxially Oriented Polypropylene (BOPP) Global Films business. The agreement was signed on October 26, 2012. The transaction remains subject to neccssary approvals from regulatory authorities." (For more details kindly refer Corporate Announcements on www.bseindia.com).
|
|
|