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Shrikant Pandey

22nd May · SEBI-Registered Analyst

$COSMOFIRST

COSMO FIRST & FILMAX INCORPORATE KOREA JV FOR FLEXIBLE PACKAGING 🌏🤝 • 🇰🇷 Cosmo First and South Korea’s Filmax Corporation incorporated JV company “Filmax Cosmo Korea Limited” • 📦 JV formed for distribution, sales & marketing of flexible packaging and related products • ⚖️ Both partners subscribed to initial paid-up capital in 50:50 ratio • 🌍 Move strengthens Cosmo First’s international presence in flexible packaging segment • 🤝 Incorporation follows earlier agreement signed with Filmax in November 2025 • 📈 JV expected to expand market reach in Korean and global packaging markets 🟢 Impact: Positive (Strategic international JV strengthens global distribution network and enhances presence in flexible packaging business)

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