Flexituff Ventures International Limited Announces Defaults on Payment of Interest/ Repayment of Principal Amount for Loans Including Revolving Facilities Like Cash Credit from Banks / Financial Institutions

Flexituff Ventures International Limited is an India-based geo-synthetics solution provider. The Company is engaged in the business of technical textile. The Company is engaged in the manufacturing of flexible intermediate bulk container (FIBC), geotextiles, reverse printed biaxial oriented polypropylene (BOPP) woven bags, and NPC drippers. Its FIBC products include four loop bags, single/two loop bags, builder bags/tunnel lift bags, specialized bags: type c + d, specialized bags: baffle bags, UN bags and ventilated bags. The Company offers a wide range of standard corner loops and cross corner loops FIBCs for bulk packaging from 500- 2000 kilograms (Kgs). Its non-woven retail products include non-woven floor covering carpets, synthetic leather substrate, interlining for apparel and non-woven filter fabrics. The Company's geosynthetics products include geosynthetics gravity reinforced wall (GRW), geofil mattress, flexicell, dewatering geo tube, geotextile bags and geocomposite megabag.