Aarti Healthcare ceased to be subsidiary of Aarti Industries

03 Oct 2011

Aarti Healthcare (AHL), a subsidiary company of Aarti Industries ceased to be subsidiary of Aarti Industries. This is pursuant to restructuring of AHL and other associate companies, of the company under the composite scheme of arrangement approved by the Bombay High Court which has become effective on August 26, 2011 operative from July 01, 2010 being appointed date.

As a result of the said allotment percentage of shareholding of the company in AHL has reduced from 52.10% to 49.60% with effect from September 27, 2011.

Aarti Industries, an Aarti Group company is a leading manufacturer of speciality chemicals with diversified end-uses into agrochemicals, pharmaceuticals, high performance polymers, paints, pigments, printing inks, rubber chemicals, additives, dyes, flavours & fragrances, home & personal care applications etc.

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