Atul Auto has informed that the Company has incorporated a Wholly Owned Subsidiary company namely Atul Greentech in India with an objective of manufacturing battery packs, battery management system, battery charger, tools, equipment, fittings, raw material etc. for the purpose of electric vehicles and supply for ESS and various other purposes. The details as required under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/4/2015 dated 9th September, 2015 is enclosed.
The above information is a part of company’s filings submitted to BSE.