Atlas Cycles (Haryana) has received an approval to sell its Malanpur unit located in the state of Madhya Pradesh as it is closed down since almost one year. The board of directors at its meeting held on September 07, 2015 has approved for the same.
The board has also resolved to change the registered office of the company from the state of Haryana to the National Capital Territory of Delhi in order to run its business more efficiently and economically.
Atlas Cycles (Haryana) is one of India’s oldest and most trusted cycling companies. Atlas Cycles started its odyssey way back in 1951 and today it is one of the largest manufacturers of bicycles in the world.