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Sintex Plastics Technology Limited has completed the handover process to Durgesh Infrastructure Private Limited and its affiliates, following their successful acquisition in the ongoing liquidation process.

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Sintex Plastics Technology LimitedSPTL · Filed with the exchange

The Liquidator issued a sale certificate on July 30, 2024, confirming the transfer of ownership.

This transition comes after a directive from the National Company Law Tribunal (NCLT) in Ahmedabad.

This development may indicate a fresh start for the acquired entity, potentially unlocking new operational strategies and revenue opportunities under the new management.

Investors should monitor future announcements for strategic direction and performance updates post-handover.

Read the original filing(PDF)

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