HCP Plastene Bulkpack Limited
Pine Oak has disappeared from HCP Plastene Bulkpack Limited's disclosed shareholder list this quarter, after previously holding 1.68 percent, indicating either a complete exit or a reduction to below the 1 percent disclosure threshold.
A manufacturer of flexible intermediate bulk containers and polypropylene woven packaging solutions, HCP Plastene produces FIBC jumbo bags, PP woven sack bags, PP woven labels, and related products for industrial and commercial applications. Established in 1984, the company serves diverse sectors requiring durable, cost-effective packaging materials. Its specialization in woven packaging technology and vertically integrated operations distinguish it within India's competitive packaging industry.
Pine Oak Global Fund is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors such as logistics, textiles, infrastructure, pharmaceuticals, and solar.