Sintex Plastics Technology Ltd. News and Updates

Name: Latest research reports of Sintex Plastics Technology Ltd. authored by Ventura and published by - Trendlyne research reports.
Item: Sintex Plastics Technology Ltd.
Rating: 5
Author: Ventura

Keep track of all breaking news on Sintex Plastics Technology Ltd. from all sources in a single place.

Sintex Plastics Technology Ltd.

30 May 2023

Sintex Plastics Standalone March 2023 Net Sales at Rs 0.59 crore, up 59.46% Y-o-Y

Moneycontrol

Sintex Plastics Technology Ltd.

28 Feb 2023

NCLT admits insolvency plea against Sintex Plastics Technology Ltd

Business Standard

The National Company Law Tribunal (NCLT) has admitted the insolvency plea against Sintex Plastics Technology Ltd (SPTL), a leading maker of water storage tanks and plastic-based interiors. The Ahmedabad bench of NCLT admitted the application filed by its Financial creditor Asset Reconstruction Company (India) Ltd claiming an outstanding amount of Rs 350.28 crore, which includes Rs 215.77 crore principal amount and Rs 134.50 crore towards interest. The NCLT appointed Kshitiz Chhawchharia as the Interim Resolution Professional for the company. Insolvency proceedings against SPTL were triggered as it was a corporate guarantor of loans given to Sintex BAPL Ltd (SBL). SBL is presently going through Corporate Insolvency Resolution Process (CIRP), and a bid of Rs 1,251 crore is pending for approval. However, NCLT said the claim of the Financial Creditor is not fully met in the CIRP of SBL, hence it also directed to initiate insolvency against SPTL. SPTL is a holding company of SBL, which

Sintex Plastics Technology Ltd.

09 Nov 2022

Sintex Plastics Consolidated September 2022 Net Sales at Rs 274.65 crore, up 11.73% Y-o-Y

Moneycontrol

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Sintex Plastics Technology Ltd.

22 Sep 2022

Sterlite Power prepares for clean energy future

livemint

India will need to spend between 13,000-15,000 crore every year on transmission beginning the current financial year, says Pratik Agarwal, managing director, SPTL

Sintex Plastics Technology Ltd.

20 May 2022

Sintex Plastics Consolidated March 2022 Net Sales at Rs 278.03 crore, down 4.61% Y-o-Y

Moneycontrol

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Sintex Plastics Technology Ltd.

19 Jul 2019

Company news: Sintex Plastics Technology

Business Line

The board of Sintex Plastics Technology on Friday considered the binding offer received for the purchase of the entire equity holding of its indirect

Sintex Plastics Technology Ltd.

21 Nov 2017

Company news

Business Line

Sintex Plastics Technology, the demerged entity of Sintex Industries, on Tuesday said that it has allotted 29,27,356 equity shares of 1 each of Sintex Plastics Technology to foreign currency...

Sintex Plastics Technology Ltd.

22 Aug 2017

SINTEX PLASTIC TECH LTD

Joindre Capital Services

Sintex Plastics Technology Ltd is headquartered in Kalol, Gujarat. SPTL enjoys a global presence through its subsidiaries - Sintex NP SAS (Europe) and Sintex Wausaukee Composites Inc. (US). Its Indian subsidiaries include Sintex BAPL for its custom moulding business and Sintex Prefab and Infra Ltd, which undertakes EPC contracts for infrastructure projects across the nation. SPTL entered the storage tanks manufacturing space in the 1970s and later diversified into the custom moulded electricals space through the production of SMC products. also leveraged its plastics expertise to enter the building construction space through prefabricated...

Sintex Plastics Technology Ltd.

07 Aug 2017

SINTEX PLASTICS TECHNOLOGY LTD

Buy: Sintex Plastics Technology...

Ventura

COMPANY UPDATE

Is Sintex Plastics Technology Ltd. worth buying?

685 Votes:

Buy 76.93%

Sell 13.87%

Hold 9.2%