Asahi Songwon Colors has acquired remaining 6,60,000 shares i.e. 22% stake in Atlas Life Sciences (ALSPL) on March 26, 2024. Pursuant to said acquisition of remaining 22% stake in ALSPL, the Company’s shareholding in ALSPL has increased from 78% (pre-acquisition) to 100% (post acquisition) and ALSPL became wholly owned subsidiary of the Company.
The company in order to add a new growth lever and to create significant value by leveraging combined capabilities and unlock synergies entered into API and Bulk Drug business. The API business of ALSPL has diversified portfolio of more than 6 products with several of them in R&D product pipeline.
Asahi Songwon Colors is in the business of manufacturing pigments. Pigments are basically colourants, adding colour to everything around us, namely ink, paints, plastics, textiles, rubber etc.
Company Name | CMP |
---|---|
Sudarshan Chemicals | 711.65 |
Bodal Chemicals | 79.07 |
Shree Pushkar Chem | 184.35 |
Kiri Industries | 368.95 |
Bhageria Industries | 178.60 |
View more.. |