Aarti Industries (AIL), a leading manufacturer and exporter of Chemicals and Pharmaceuticals, has received the required approval from the High Court of Gujarat at Ahmedabad and Bombay High Court for the scheme of arrangement of Anushakti Chemicals and Drugs with itself.
The company, in its endeavour to consolidate operations and as a part of overall corporate restructuring, had proposed to demerge the manufacturing operations of its associate company Anushakti into Aarti Industries with effect from April 1, 2012. Shares of AIL are listed on the NSE and BSE.
Anushakti is mainly engaged into manufacturing of various speciality chemicals with applications into end-user segments of performance chemicals, agrochemicals and pharmaceuticals.
Aarti Industries is the leading and highly integrated chemical manufacturer involved in mainly manufacturing of various benzene based downstream and derivative products. The company owns a state-of-the-art plant near Mumbai, India. It is recognized as the star trading export house, by government of India.
