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India: PE-backed Manjushree Technopack to buy Classy Kontainers

India: PE-backed Manjushree Technopack to buy Classy Kontainers
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Rajiv Mehta , Manjushree Technopack , Cyril Amarchand Mangaldas , Khaitan Co , Classy Kontainers , Sanjay Kapote , Classy Kontainer , Unaprime Investment , ராஜீவ் மேத்தா , மஞ்சுஷ்ரீ டெக்னோபேக் , சிரில் அமர்சந்த் மங்கல்தாஸ் , கைதன் இணை ,

Parksons Packaging Limited: Warburg Pincus buys folding carton manufacturer Parksons Packaging

Synopsis
Kedaara Capital has invested Rs 200 crore in the company in 2015 to buy about 25 percent stake held by another private equity firm, ChrysCapital.
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Global private equity fund Warburg Pincus has acquired a majority stake in Parksons Packaging Limited, India’s largest independent folding carton manufacturer.
As part of the transaction, existing private equity investors - Kedaara Capital, Olza Holdings Limited and IIFL, have fully exited their investment in Parksons and the promoters Kejriwal family has sold a partial stake, said a company statement.
Ramesh Kejriwal, Siddharth Kejriwal and Chaitanya Kejriwal will continue to retain their current positions of Chairman, Managing Director and Joint Managing Director, respectively, and will drive the business going forward. ....

India General , Siddharth Kejriwal , Manjushree Technopack , Warburg Pincus , Ramesh Kejriwal , Vishal Mahadevia , Olza Holdings , Sun Pharmaceuticals , Parksons Packaging , Credit Suisse , Advent International , Parksons Packaging Limited , Olza Holdings Limited , Chaitanya Kejriwal , Managing Director , Joint Managing Director , Bain Capital , Hindustan Unilever , Piramal Glass , Essel Propack , Godrej Consumer Products , Black Stone , இந்தியா ஜநரல் , சித்தார்த் கேஜ்றிவாள் , மஞ்சுஷ்ரீ டெக்னோபேக் , வார்பர்க் பிங்கஸ் ,

Industry raises concerns about single-use plastic ban proposals; asks for uniform state-level implementation

Industry raises concerns about single-use plastic ban proposals; asks for uniform state-level implementation
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Synopsis
Representatives from the packaging industry said a uniform central government notification needs to be followed by the entire country to avoid hurdles in implementation of the ban.
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Executives from consumer-facing sectors directly impacted by the centre’s proposals banning single-use plastic to curb the menace of plastic pollution, said they will write to the government expressing concerns on some of the proposals, inconsistent state-level regulations, and said some alternate options like wood may escalate packaging costs.
“Some of the amendments are likely to have serious ramifications for the industry, SMEs included, and may derail the ongoing efforts to get the economy back to track post the pandemic,” said Rajesh Ramakrishnan, managing director at Perfetti Van Melle India which leads the Rs 12,000-cro ....

Vimal Kedia , Rajesh Ramakrishnan , Manjushree Technopack , Perfetti Van Melle , Vijay Habbu , Gujarat Cooperative Milk Marketing Federation , Packaging Association For Clean Environment , Perfetti Van Melle India , Big Babol , Packaging Association , Clean Environment , விமல் கெடிய , ராஜேஷ் ராமகிருஷ்ணன் , மஞ்சுஷ்ரீ டெக்னோபேக் , பேர்பேத்தி வேன் உருக , விஜய் ஹப்பு , குஜராத் கூட்டுறவு பால் சந்தைப்படுத்தல் கூட்டமைப்பு , ப்யாகேஜிஂக் சங்கம் க்கு சுத்தமான சூழல் , பேர்பேத்தி வேன் உருக இந்தியா , ப்யாகேஜிஂக் சங்கம் , சுத்தமான சூழல் ,