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Source: scanx.trade
The Board of Directors of Barflex Polyfilms Limited, at its meeting held on May 08, 2026, approved a further investment in its wholly-owned subsidiary, Barflex Flexibles Private Limited (CIN: U22209DL2024PTC436254). The investment involves subscription to fresh equity shares in proportion to the company's existing shareholding, with the transaction disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Investment Details
The proposed investment entails Barflex Polyfilms paying Rs. 60,00,000 (Rupees Sixty Lakhs) in cash through banking channels to acquire 6,00,000 (Six Lakhs) equity shares at a rate of Rs. 10 per share. Upon completion of the subscription and allotment, the holding company's shareholding percentage in the subsidiary will remain unchanged at 60%. The transaction is expected to be completed by May 31, 2026, and no governmental or regulatory approvals are required.
Key details of the transaction are summarised below:
Parameter: Details Target Entity: Barflex Flexibles Private Limited CIN: U22209DL2024PTC436254 Investment Amount: Rs. 60,00,000 (Rupees Sixty Lakhs) Shares Acquired: 6,00,000 (Six Lakhs) equity shares Price Per Share: Rs. 10 Mode of Payment: Cash (through banking channels) Post-Acquisition Shareholding: 60% Expected Completion: May 31, 2026 Regulatory Approvals Required: NA
About Barflex Flexibles Private Limited
Barflex Flexibles Private Limited was incorporated on August 31, 2024, and is registered in Delhi, India. The subsidiary operates in the multilayer plastic packaging sector, with its business covering the import, export, sale, purchase, processing, dealing, and agency of all kinds and varieties of multilayer plastic packaging films, laminated films, plastic sheets, plastic powder, and P.V.C. Compound.
The subsidiary's capital structure and available turnover details are as follows:
Parameter: Details Authorised Share Capital: Rs. 4,00,00,000 (Rupees Four Crore) comprising 40,00,000 (Forty Lakh) equity shares of Rs. 10 each Paid-Up Share Capital: Rs. 3,00,00,000 (Rupees Three Crores) comprising 30,00,000 (Thirty Lakhs) equity shares of Rs. 10 each, fully paid-up Date of Incorporation: August 31, 2024 Country of Presence: India Turnover (F.Y. August 31, 2024 to March 31, 2025): Rs. 0.00 Turnover (F.Y. April 01, 2025 to March 31, 2026): Audited figures not yet available
Purpose of the Investment
According to the disclosure, the proposed investment is intended to support the capital requirements of the subsidiary towards its business expansion plans, operational growth, and working capital requirements. The transaction is classified as a related party transaction, being between the holding company and its subsidiary, and has been confirmed to be conducted at arm's length.
The intimation was signed by Jaiwant Bery, Managing Director of Barflex Polyfilms Limited (DIN: 00380445), on May 08, 2026.
Barflex Polyfilms Limited promoters have submitted a disclosure to the National Stock Exchange of India Limited confirming their shareholding position and stating that no encumbrance of shares was undertaken during the financial year ended March 31, 2026. The disclosure, dated April 04, 2026, was made under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Shareholding Details
The promoters, along with persons acting in concert, confirmed holding 1,66,36,336 shares, which represents 67.22% of the total equity of Barflex Polyfilms Limited as on March 31, 2026. The disclosure explicitly states that no encumbrance of shares was made directly or indirectly during the financial year ended March 31, 2026.
Promoter-wise Shareholding
The shareholding distribution among the promoters is as follows:
S. No. Name of Promoter Number of Shares 1 Jaiwant Bery 1,24,85,096 2 Nomita Bery 41,51,240
Disclosure Details
The disclosure was submitted by Jaiwant Bery, Chief Promoter, on behalf of the promoters. The communication was addressed to the Manager-Listing at the National Stock Exchange of India Limited, located at Exchange Plaza, Bandra Kurla Complex, Mumbai. The company's trading symbol on the exchange is BARFLEX with ISIN INE0QX401014. A copy of the disclosure was also marked to the Audit Committee of Barflex Polyfilms Limited at its registered office in Okhla Industrial Area, New Delhi.
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Source: scanx.trade
Source: Free Press Journal