Atul Products Ltd becomes wholly owned subsidiary of Atul Ltd

Atul Ltd has acquired 100% shares of Atul Products Ltd (APL) from Atul Bio Space Ltd, a Wholly-owned subsidiary of the Company and consequently APL become direct Wholly-owned subsidiary of the Company.

The entity will undertake 300 tpd caustic and 50 MW power plant project subject to required approvals by a combination of debt and share capital.

Shares of ATUL LTD. was last trading in BSE at Rs.7050 as compared to the previous close of Rs. 6903.55. The total number of shares traded during the day was 1151 in over 460 trades.

The stock hit an intraday high of Rs. 7120 and intraday low of 6835.05. The net turnover during the day was Rs. 8078205.

Source : Equity Bulls

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