Garudlaxmi Ventures LLP acquired 18,93,334 shares of Kabra Extrusiontechnik Limited by way of a preferential allotment. The transaction represents a 4.89% stake in the company.
A manufacturer of plastic extrusion machinery, the company specializes in equipment for producing pipes and films used across various industrial applications. Incorporated in 1982 and part of the Kolsite group, it operates two manufacturing facilities located in Daman. The company has diversified into lithium ion battery pack production to expand its product offerings and business segments.
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