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Apcotex Industries Ltd ( (IN:APCOTEXIND) ) has issued an announcement.
Apcotex Industries Ltd announced that its Board of Directors has approved a strategic investment in Opera Vayu Narmada Private Limited by subscribing to a 26% equity stake for INR 3.37 crore. This move signifies Apcotex’s commitment to sustainable energy solutions and could enhance its operational efficiency. Additionally, the company disclosed the resignation of its Chief Financial Officer, Mr. Sachin Karwa, ensuring a smooth transition during his notice period. These developments may impact the company’s strategic direction and stakeholder relations.
More about Apcotex Industries Ltd
Apcotex Industries Ltd operates in the chemical industry, specializing in the production of synthetic rubber and latex products. The company focuses on providing high-quality materials for various industrial applications, including automotive, construction, and textiles.
YTD Price Performance: -15.73%
Average Trading Volume: 4,012
Current Market Cap: 16.22B INR
For a thorough assessment of APCOTEXIND stock, go to TipRanks’ Stock Analysis page.