PTL Enterprises has received an approval for disinvestment of the entire shareholding in Artemis Medicare Services (AMSL) and Artemis Health Sciences (AHSL) for a consideration of approximately Rs 181 crore subject to the approval of the shareholders. The board of directors at its meeting held on July 25, 2014 has approved for the same.
PTL Enterprises operates in three segments; namely lease of plant, health care and other corporation. The company plant is located Kalamassery, Alwaye, Kerala 683104. It has given the plant on lease to Apollo Tyres, which manufactures truck and bus tyres sold under brand name ‘Apollo’.
