Uflex updates subsidiaries

Proposes to divest stake in UPET Holdings (WOS), Mauritius

Uflex announced that the Company proposes to divest its 100% shareholding in UPET Holdings (WOS), Mauritius to another WOS Company, i.e. Flex Middle East FZE, Dubai in one or more tranches. Out of which, the Company has divested 16.67% of the total shareholding in UPET Holdings and received the sale consideration against the sale of such shares.

Powered by Capital Market - Live News