UFLEX , a prominent packaging company, has taken a significant step towards sustainable energy by forming a joint venture with AMPIN C&I Power Private Limited. The new entity, AMPIN C&I Power Twenty Private Limited, was incorporated on August 1, 2025, with the aim of establishing a solar power plant in Haryana.

Joint Venture Structure

The joint venture sees UFLEX holding a 26% stake, while AMPIN C&I Power Private Limited holds the majority 74% stake. This ownership structure is strategically designed to allow UFLEX to qualify as a captive user under the captive power plant policy, enabling the company to purchase solar power on a long-term basis from the newly formed entity.

Financial Details

According to the disclosure made to the stock exchanges, the newly incorporated company has an authorized share capital of Rs. 15.00 lakh and a subscribed share capital of Rs. 1.00 lakh. UFLEX's contribution to the initial share capital will be made at the face value of Rs. 10.00 per share through cash subscription.

Strategic Implications

This move aligns with UFLEX's commitment to sustainable practices and could potentially lead to significant cost savings in energy consumption for the company's operations in Haryana. By investing in renewable energy, UFLEX is not only addressing its power needs but also contributing to the reduction of its carbon footprint.

Regulatory Compliance

The joint venture formation has been disclosed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As per the regulatory filing, AMPIN C&I Power Twenty Private Limited will be classified as an associate of UFLEX Limited and will be considered a related party of the company and its subsidiaries.

Industry Context

This joint venture places UFLEX in the electric power generation sector, specifically using solar energy. It represents a diversification from UFLEX's core packaging business and demonstrates the company's adaptability to evolving energy needs and environmental considerations.

Future Outlook

While the immediate impact on UFLEX's financials may be limited, the long-term benefits of this joint venture could be substantial. As the solar power plant becomes operational, it is expected to provide UFLEX with a stable and potentially cost-effective source of clean energy for its manufacturing operations in Haryana.

This strategic move by UFLEX Limited showcases the company's proactive approach to energy management and sustainability, potentially setting a precedent for other manufacturing entities in India's corporate landscape.

UFlex Ltd. , a leading flexible packaging company, has announced a significant investment of Rs 317 crore to establish two new recycling plants in Noida, India. This move underscores the company's commitment to sustainability and circular economy principles in the packaging industry.

Expansion of Recycling Capacity

The two new facilities will have a combined annual capacity to process 39,600 metric tons of plastic waste. This substantial increase in recycling capacity is expected to boost the production of:

• Recycled polyethylene terephthalate (rPET)
• Recycled polyethylene (rPE)

These materials are crucial for sustainable food packaging solutions.

FDA Approval and Future Certifications

UFlex has recently achieved a significant milestone:

• Received approval from the United States Food and Drug Administration (FDA) for using recycled polyethylene in food packaging

This certification opens up new opportunities for the company in the international market, particularly in the United States, where demand for sustainable packaging solutions is on the rise.

The company is actively pursuing further certifications:

• Seeking certification for polypropylene recycling

This would expand UFlex's portfolio of recyclable materials and strengthen its position in the sustainable packaging sector.

Impact on Sustainability

UFlex's investment aligns with global sustainability trends:

• Addresses the growing emphasis on reducing plastic waste
• Promotes circular economy practices
• Meets increasing demand for sustainable packaging solutions in the food industry

Market Implications

The establishment of these new recycling plants could potentially strengthen UFlex's market position:

• Increased capacity to produce recycled materials for food packaging
• Potential for new business opportunities and partnerships
• Alignment with consumer and corporate priorities for environmentally friendly packaging options

Conclusion

UFlex Ltd.'s Rs 317 crore investment in new recycling plants demonstrates:

• A proactive approach to sustainability
• Commitment to innovation in the packaging industry

As these facilities become operational, their impact on UFlex's market share and financial performance will be an important trend to watch in the coming years.