Astral Poly Technik

Astral Poly enters JV pact with Kenya-based Group

Astral Poly Technik, Country’s leading manufacturer and provider of CPVC piping and plumbing systems, has informed that it has entered into the joint venture agreement with Kenya-based Group.

The proposed new company will be formed under the name of `Astral Technologies` in which Astral Poly Technik has 26 percent stake.

The shares of Astral PolyTechnik listed on stock exchange in the month of February, 2007, with an issue price of Rs 115 per share. The company has offered 35% of return to its investors.