SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asahi Songwon Colors acquires 78% stake in Atlas Life Sciences

18 Apr 2022 Evaluate

Asahi Songwon Colors has executed a Share Purchase Agreement (SPA) with Atlas Life Sciences (ALSPL) and certain identified promoters of ALSPL for acquisition of 100% stake in ALSPL in three tranches from certain identified promoters and other shareholders of ALSPL. Also, acquisition of shares under first tranche i.e. 78% stake in ALSPL is completed on April 18, 2022 and balance 22% stake in ALSPL will be acquired in two tranches (i.e. 11 % stake in each tranche) and is expected to be completed on or before March 31, 2025.

Asahi Songwon Colors has entered into API and Bulk Drug business in order to add a new growth lever and to create significant value by leveraging combined capabilities and unlock synergies. The API business of ALSPL has diversified portfolio of 6 plus products with several of them in R&D product pipeline.

Asahi Songwon Colors Share Price

239.95 9.50 (4.12%)
20-Apr-2026 14:53 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×