Uflex extends rally, says I-T department found nothing incriminating

All stocks of raw materials, finished goods, work in process and other assets were found to be duly recorded and all books of accounts were found to be in order, Uflex has said
01-03-2023
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UFLEX LTD. - 500148 - Income Tax Department Searches W.R.T Uflex Ltd

Income Tax department searches w.r.t Uflex Ltd
01-03-2023

Swiss packaging solutions provider SIG to invest 60 mn for Ahmedabad plant

Switzerland-based leading packaging solutions provider SIG on Tuesday said it would invest 60 million Euro (approx Rs 525.98 crore) in the next two years to set up its first aseptic carton plant at Ahmedabad, in Gujarat. "SIG will construct its first aseptic carton plant in India, the world's largest milk market, and one of the largest juices-producing countries globally," the company said in a statement. An aseptic carton is a multilayered packaging solution made after combining layers of paperboard, plastic and aluminium and is used for the packing of liquid foods and drinks. Companies such as Tetra and UFlex also operate in the space. Construction of the plant, which will serve leading dairy and non-carbonated soft drink players, will commence in the first quarter of 2023, and the start of commercial production is expected towards the end of 2024. Phase one of construction is expected to create around 300 jobs, it added. "SIG will invest approximately 60 million over the perio
28-02-2023
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UFLEX LTD. - 500148 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 28, 2023 for Flex International Pvt Ltd
28-02-2023

Uflex breaks 7-day losing streak, surges 7% as I-T dept concludes raids

According to PTI, fraudulent transactions worth Rs 500 crore have been unearthed, and two premises have been sealed
28-02-2023
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UFLEX LTD. - 500148 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Transcript of the earnings conference call conducted on 16th February, 2023
27-02-2023

Uflex sheds 15% to 2-year lows on news of I-T raids at company outfits

In the last 10 out of 11 seasons it lost over 30% while so far this year it declined over 34%.
27-02-2023
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UFLEX LTD. - 500148 - Submission Of Clarification Sought From The Company

Submission of Clarification sought from the Company
27-02-2023

I-T raids over 70 locations of Uflex company, Rs 1.50 cr in cash recovered

The officials found 20 bank accounts belonging to people from the economically weaker section of the society with transactions ranging from Rs 5-50 crore
23-02-2023
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UFLEX LTD. - 500148 - Clarification sought from Uflex Ltd

The Exchange has sought clarification from Uflex Ltd on February 21, 2023, with reference to news appeared in "www.cnbctv18.com" dated February 21, 2023 quoting"Income Tax department raids Uflex Ltd, searches 64 locations in various cities"The reply is awaited.
21-02-2023
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