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Apcotex Industries Ltd ( (IN:APCOTEXIND) ) has shared an announcement.
Apcotex Industries Ltd’s board has approved a strategic move to enter a Power Purchase Agreement and acquire a 26% stake in Opera Vayu Narmada Private Limited, a power producer, for INR 3.37 crore. This decision marks a significant step towards diversifying its operations and enhancing energy sustainability. Additionally, the board acknowledged the resignation of Mr. Sachin Karwa, the Chief Financial Officer, ensuring a smooth transition during his notice period.
More about Apcotex Industries Ltd
Apcotex Industries Ltd operates in the chemical industry, primarily focusing on the production of synthetic rubber and latex products. The company serves various market segments, including adhesives, construction, and automotive sectors.
YTD Price Performance: -15.73%
Average Trading Volume: 4,012
Current Market Cap: 16.22B INR
See more data about APCOTEXIND stock on TipRanks’ Stock Analysis page.