PCBL has incorporated a new wholly owned subsidiary company, namely, Nanovace Technologies on March 29, 2024 with initial paid up share capital of Rs 2.55 crore.
Earlier, the company’s wholly owned subsidiary -- Advaya Chemical Industries had 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.
PCBL is primarily engaged in the business of manufacturing & sale of carbon black and sale of power.
