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Board of Manaksia Industries approves setting up of three new subsidiaries

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Capital Market

At meeting held on 16 August 2017

The Board of Manaksia Industries at its meeting held on 16 August 2017 approved the following -

Setting up new subsidiaries in Bangladesh and Sri Lanka with investment of USD 200000 each for manufacturing of packaging products of different sizes for supply to pharmaceuticals, liquor and other industries.

Setting up new subsidiary in Georgia for medical business, metals, edible items by investment of USD 200000.

AGM to be held on 18 September 2017.

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First Published: Aug 18 2017 | 9:13 AM IST

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