Cosmo Films renames itself as 'Cosmo First'; Stock sheds near 3%

12 Jul 2022 , 12:17 PM

Cosmo Films Ltd, a global leader in films used in packaging, labelling, lamination and synthetic paper and an emerging player in Specialty Chemicals, Polymers & Pet Care has announced its new brand identity, Cosmo First Limited – Ahead always!

The strategic decision comes considering the company’s business activities have expanded beyond films into specialty chemicals (master-batches, coatings, and textile chemicals) and D2C Pet care, the company said in a regulatory filing.

Talking about the rebranding, Ashok Jaipuria, Chairman and Managing Director, Cosmo First said, “Cosmo at its core has always been pioneering revolutionary innovations to create a better life. All through our journey, we have prided ourselves in our ability to provide industry-first niche solutions in the areas of packaging, lamination, industrial and labelling applications. We have made inspiring diversifications into speciality chemicals, consumer care, and D2C retail, aiming to be a pioneer in these previously fragmented industries.”

“We would like to be the first choice for all our stakeholders and will strive hard to always stay ahead of the curve to provide industry first solutions,” he further added.

At around 12:19 PM, Cosmo Films was trading at Rs1,003.80 per share down by Rs28.1 or 2.72% from its previous closing of Rs1,031.90 per share on the BSE.