UFLEX LTD. - Updates

Uflex Ltd has informed BSE that the Company proposes to divest its 100% shareholding in UPET Holdings Limited (WOS), Mauritius to another WOS Company, i.e. Flex Middle East FZE, Dubai in one or more tranches. Out of which, the Company has divested 16.67% of the total shareholding in UPET Holdings Limited and received the sale consideration against the sale of such shares.