Welspun Corp completes Rs 1,251 crore acquisition of Sintex-BAPL

Welspun Corp, through subsidiary Mahatva Plastic Products, completed the acquisition of insolvent Sintex-BAPL for Rs 1,251 crore on March 29, 2023. The deal was made under an NCLT-approved resolution plan.

“As on 29th March 2023, Welspun has completed the acquisition of SBAPL through its unlisted subsidiary, Mahatva Plastic Products Pvt. Ltd.”cablecommunity.com

• 1 source
• cablecommunity.comWelspun Expands its Plastic Products Business through 1,251 Cr. Strategic Acquisition of Sintex-BAPL – CableCommunity.comApr 1, 2023

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