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Sintex began a campaign called ReviveOurRivers in October 2017 encouraging people to make a pledge to keep rivers clean. [22] In August 2019, Sintex Plastics sold the entirety of subsidiary Sintex NP SAS to XTECH Invest. [23] The French unit was known as Nief Plastic SA before Sintex acquired it in 2007. [24]
In March 2023, the group expanded its presence in the building materials sector by acquiring Sintex BAPL, a water tank manufacturer, for Rs 1,251 crore through its subsidiary, Welspun Corporation. [30] During FY19, Sintex had reported an operating profit of Rs 270 crore on a turnover of Rs 1,800 crore.
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Voluntary corporate action: A voluntary corporate action is an action where the shareholders elect to participate in the action. A response is required for the corporation to process the action. An example of a voluntary corporate action is a tender offer. A corporation may request shareholders to tender their shares at a predetermined price.
Welspun Corp Limited (Welspun Gujarat Stahl Rohren) is an Indian multinational company with its headquarters in Mumbai, India. It specializes in manufacturing large-diameter pipes and operates in multiple countries across six continents. [2]
Ok, never mind; this isn't as complete a separation as I thought. They're both still owned by "Sintex" and share the same logo (with different subtitle) and even have nearly the same website. This can stay as one article and we just need to mention the split and have product sub-sections for them.-- Fyrael 16:07, 18 August 2021 (UTC)