Rajshree Polypack Bags ₹2.58 Cr Order for Plastic Rigid Sheets 📦
Big news from the packaging sector! Rajshree Polypack Limited (NSE: RPPL) has just announced a fresh order win that’s set to add a significant boost to their business. The company, whose shares last closed at ₹27.55, experiencing a 7.8% dip, has secured a new domestic contract valued at approximately ₹2.58 Crores. 💰
This exciting order involves RPPL supplying its specialized Plastic Rigid Sheets to a prominent packaging manufacturer. Interestingly, this client is a large entity listed on the Indian Stock Exchange and is primarily owned by a Finland-based packaging giant. It’s a testament to RPPL’s product quality and market reach!
The company aims to fulfill this substantial order by August 2025, or as per the mutually agreed timeline with the customer. It’s also important to note that this transaction is a straightforward business deal, with no related party involvement or promoter interest in the awarding entity.
Rajshree Polypack clarified that this announcement, dated July 5, 2025, is a re-filing to correct an earlier administrative error where it was uploaded under an incorrect category on the NEAPS portal. This new contract underscores RPPL’s continued momentum in the rigid plastic packaging space. Keep an eye on how this contributes to their growth trajectory! 📈
source: Corporate Announcement
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