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Borosil Ltd. demerged its Scientific and Industrial Products business

by Koushik Gope
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Shareholders of Borosil Ltd. get 3 shares of Klass Pack Limited for every 4 shares held by the shareholders of Borosil Ltd.

Klass Pack Limited to be renamed as Borosil Scientific Limited

Record Date – December 05, 2023

About Klass Pack Limited

Klass Pack Limited is a leading manufacturer of glass ampoules and tubular glass vials of USP type 1, which are widely used as primary packaging materials by pharmaceutical companies for their life-saving drugs. The company was established in 1994 and quickly became a leader in the pharmaceutical packaging segment. In 2016, Borosil Glass Works Ltd., a global brand synonymous with high-quality glassware, acquired Klass Pack.

Key highlights of Klass Pack Limited:

  • Manufacturer of USP Type I glass ampoules and vials: Klass Pack specializes in producing high-quality glass ampoules and vials that meet the stringent requirements of the pharmaceutical industry.
  • Commitment to quality: The company is ISO 9001:2000 certified and has registered its products with the US Drug Master File (DMF) and Canadian DMF.
  • Strong customer base: Klass Pack serves a wide range of pharmaceutical and biotech companies across India and internationally.
  • Research and development: The company is committed to continuous innovation and invests heavily in research and development to improve its products and processes.

Overall, Klass Pack Limited is a well-established and respected company in the pharmaceutical packaging industry. The company is well-positioned for future growth due to its strong product portfolio, commitment to quality, and experienced management team.

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