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PCBL’s arm acquires stake in M/s. Aquapharm Chemicals

01 Feb 2024 Evaluate

PCBL’s wholly owned subsidiary -- Advaya Chemical Industries has completed the acquisition of 212,172 shares of M/s. Aquapharm Chemicals (ACPL), which represents 100% of the issued and paid-up share capital (on a fully diluted basis) of ACPL. Pursuant to acquisition of shares of ACPL, ACPL has become a subsidiary of PCBL. 

PCBL is primarily engaged in the business of manufacturing & sale of carbon black and sale of power.

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