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Asahi Songwon Colors acquires balance 22% stake in Atlas Life Sciences

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Asahi Songwon Colors has acquired remaining 6,60,000 shares i.e. 22% stake in Atlas Life Sciences (ALSPL) on 26 March 2024.

Pursuant to said acquisition of remaining 22% stake in ALSPL, the Company's shareholding in ALSPL has increased from 78% (pre-acquisition) to 100% (post acquisition) and ALSPL became Wholly Owned Subsidiary (WOS)of the Company.

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First Published: Mar 27 2024 | 6:54 PM IST

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