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With a solid, growth-oriented approach and a business model to become a Global Customised Manufacturing Company, Parekh Aluminex Limited aims at being a preferred supplier of all conceivable types of Aluminium Foil Containers (AFC) products. We will also be focusing on high-end, value-added products that are currently not available in the existing market; our decision to install balancing equipment and invest in research and development activities is a step in this direction.

As part of our R&D activities, we want to develop various types of moulds, which are the basic building blocks of AFC production. This will augment Parekh Aluminex Limited’s robust knowledge base in the production capabilities of AFC products and further, offer product variants unheard of so far in global markets.

We have fuelled these activities by a further infusion of capital fund in the business. We have raised equity up to Rs.50 million at appropriate premium by issuing shares to Qualified Institutional Buyers under Chapter XIIIA of SEBI regulation, as per newly issued guidelines in this respect. The above strategy is being implemented with an aim to make our company the global leader of AFC products. The boosted financial capability shall also enable us to search for acquisition and merger opportunities in the future to further drive our growth plans.

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