The Board of Directors of Polyplex (Thailand) Public Company Limited, Thailand (PTL), a subsidiary of Polyplex Corporation Ltd in which our Company has 51% stake in equity share capital, have decided to set up BOPP Film Line project with a capacity of 60,000 TPA, in Indonesia at an estimated cost of USD 48 Million (excluding Working Capital).
Above project would be implemented by 'PT. Polyplex Films Indonesia', Indonesia a Wholly Owned Subsidiary of PTL.
Shares of POLYPLEX CORPORATION LTD. was last trading in BSE at Rs.523.9 as compared to the previous close of Rs. 540.1. The total number of shares traded during the day was 6783 in over 810 trades.
The stock hit an intraday high of Rs. 544.15 and intraday low of 520. The net turnover during the day was Rs. 3579240.