Revealed: New Identity of HSIL
HSIL was founded in 1960 as Hindusthan Twyfords Limited, in technical collaboration with Twyfords, United Kingdom to establish the first vitreous china sanitaryware manufacturing company in India. Today, the company houses two business divisions i.e. Packaging Products and Building Products. HSIL manufactures and markets various packaging products, including glass containers, Polyethylene Terephthalate (PET) bottles and products and security caps and closures. These products cater to various industries like alcoholic and non-alcoholic beverages, fast-moving consumer goods, retail, pharmaceuticals and edible oil amongst others. The company’s building products division primarily comprises the manufacturing of sanitaryware, faucets and plastic pipes and fittings. Recently, HSIL Limited changed its name to AGI Greenpac Limited.
The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per a recent circular of NSE, the name and symbol of HSIL Limited will be changed as follows w.e.f 11-May-22.
Please take note of the change. Happy Trading!