Atul Ltd's wholly owned subsidiary, Atul Europe Ltd has acquired 88 per cent shares of DPD Ltd (a UK company) on August 12 making it a subsidiary company of Atul Europe Ltd, consequently of Atul Ltd. DPD Ltd is in the business of tissue culture date palm.
Hero MotoCorp Ltd's board of directors has appointed Mr Sunil Kant Munjal as the Joint Managing Director of the company for five years with effect from August 17.
TTK Prestige Ltd's board of directors has approved the merger of Prestige Housewares India Ltd (PHIL), a TTK group company, with TTK Prestige Ltd, subject to necessary approvals.
Xpro India Ltd has effected sale of thermosets division at Ranjangaon, engaged in the manufacture of thermoset moulding powders and synthetic resins, for a consideration of Rs 74.5 crore on a going concern and slump sale basis, to SI Group-India Ltd in terms of the Business Purchase Agreement entered into, and shareholders and other relevant approvals.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.