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The company said it recorded an exceptional loss of Rs 382 crore due to change in the forex policy of the Central Bank of Nigeria in June 2023 which impacted its bottomline. ....
New Delhi, July 3: Packaging major UFlex Ltd is intensifying efforts to start supplying locally-produced paper straws by around October-November with the ban on plastic straws coming into effect from this month, according to a senior company official. The company, which has earmarked an initial investment of around Rs 100 crore to produce U-shaped paper straws at its packaging plant at Sanand in Gujarat, has already ordered necessary equipment from its suppliers. “We are assuming the packs which will require […] ....