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Uflex Limited — Capital/Financing Update 2020
Feb 13, 2020
61549_rns_2020-02-13_ffe6e3ac-48f2-4f86-9377-0138288f2eeb.pdf
Capital/Financing Update
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| SI. | Particulars | Disclosure | |
|---|---|---|---|
| No. | |||
| a) | Existing capacity of BOPET films in | 33,500 MT (Annual) | |
| Poland | |||
| b) | Existing capacity utilization ofBOPET | 100% | |
| films | |||
| c) | Proposed capacity addition | 42,000 MT (Annual) | |
| d) | Period within which the proposed capacity | By FY 2021 | |
| is to be added | |||
| e) | Investment required | Euro 55.00 million | |
| f) | Mode of financing | Borrowed fund. | |
| g) | Rationale | To meet the rising demand | of BOPET |
| films in European market. |
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