MoneyWorks4Me

Atul acquires 100% shares of Atul Products from Atul Bio Space

15 Mar 2021 Evaluate

Atul has acquired 100% shares of Atul Products (APL) from Atul Bio Space, a Wholly-owned subsidiary of the company and consequently APL become direct Wholly-owned subsidiary of the company. The entity will undertake 300 tpd caustic and 50 MW power plant project subject to required approvals by a combination of debt and share capital.

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

Peers
Company Name CMP
Godrej Industries 1039.10
SRF 2455.00
BASF India 3404.85
Pidilite Inds. 1485.00
Tata Chemicals 616.95
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