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Mumbai, May 29 (PTI) Polymers and specialty chemicals manufacturer Avi Polymers on Friday said it plans to enter the green technology and sustainability-focused business segments to drive future growth and expansion.
The proposed diversification includes industrial waste management solutions, advanced material recycling technologies, carbon footprint optimisation services and sustainability consulting, a company statement said.“Avi Polymers aims to build scalable business verticals aligned with evolving global environmental priorities and emerging ESG-driven opportunities,” it said.
The company said its board is expected to meet on June 4 to consider the proposal for its approval. The board will also evaluate a proposed stock split of equity shares up to a ratio of 1:10 and a bonus issue of equity shares up to a ratio of 10:1.A listed firm, Avi Polymers is engaged in the manufacturing and trading of polymer compounds and specialty chemicals. PTI IAS MRThis report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
