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Atul invests Rs 10 crore by acquiring stake in Atul Bioscience

09 Jan 2019 Evaluate

Atul has invested Rs 10 crore by acquiring 45,45,455 additional equity shares of Atul Bioscience (ABL), a wholly-owned subsidiary of the company. The object of investment in ABL is to meet funding requirements for its various capital expenditure programs.

Atul operates through six business divisions, namely, Agrochemicals, Aromatics, Bulk Chemicals & Intermediates, Colors, Pharmaceuticals & Intermediates and Polymers.

Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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