Business Update28 May 2026, 11:04 pm
Orient Press shifts flexible packaging unit; unit contributes 5.26% turnover
AI Summary
Orient Press Limited announced its decision to partially shift operations of its flexible packaging manufacturing unit from G-73, MIDC, Tarapur, Maharashtra, to its facility at Plot No. 103, Kasna Ecotech I Extension, Greater Noida, Uttar Pradesh. This relocation will commence from June 2026. The company aims to enhance operational efficiency, achieve economies of scale through consolidation, and improve the overall performance of its flexible division. The Tarapur unit contributed ₹673.39 Lakhs to the company's consolidated turnover in FY2025-26, representing 5.26%. Its net worth as of March 31, 2026, was ₹1917.61 Lakhs, accounting for 29.72% of the company's total net worth.
Key Highlights
- Orient Press to partially shift flexible packaging operations.
- Relocation from Tarapur, Maharashtra to Greater Noida, UP.
- Move aims for enhanced operational efficiency and consolidation.
- Unit contributed 5.26% to FY26 consolidated turnover.
- Unit's net worth was 29.72% of company's total net worth.
Price Impact
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