Porinju Veliyath has invested in Rubfila International Ltd in the name of Litty Thomas.
Rubfila is the only manufacturer of heat-resistant latex rubber thread in India. It is promoted by Rubpro sdn. Bhd,Malaysia and kerala state Industrial Development Corporation. The company is listed in Bombay Stock Exchange (BSE) since 1994. It produces adhesives suitable for various industry segments like leather and footwear, tyre Retreading ,wood, rexin and foam.
Rubfila International Ltd has given multibagger gains to investors in the past 24 months.
Porinju Veliyath holds 280,000 lakh shares of Rubfila International Ltd. At about ₹78, the investment is nearly Rs 2 crore.