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.