‘The deal was signed in the range of 200-250 crore INR, said people in the know. The combined entity will have revenue of around 1,500 crore INR in FY22,’ Economic Times reported in an article. Following the transaction, Manohar Packaging CEO Aditya Patwardhan will remain at the company as part of its management team. Patwardhan said: ‘This is an outstanding opportunity to