UFLEX Limited

First Water trimmed its stake in UFLEX from 4.47% to 3.81%, selling 7,73,926 shares.

A leading Indian multinational manufacturer of flexible packaging products, Uflex designs and produces flexible films, laminates, and specialty materials for diverse applications. The company delivers integrated packaging solutions to customers worldwide, leveraging vertically integrated operations and in-house manufacturing capabilities. Its technical expertise, innovation focus, and comprehensive product range across multiple segments distinguish it as a comprehensive packaging solutions provider in the industry.

India-focused and FPI co-founded by Arun Chulani (CA, MSc LSE, ex-Ikarus Petroleum) and Ricky Kirpalani. Concentrated long-only value strategy holding 15 to 18 stocks for 5 to 7 year horizons. Patient capital with a Buffett-style preference for moaty Indian businesses available at sensible prices.