
New Launch3 April 2026 at 09:43 am
ARCL Organics Ltd. Expands Manufacturing Footprint with Land and Machinery Acquisition in Gujarat for Rs. 3 Crores
AI Summary
ARCL Organics Ltd. has announced the purchase of land and machinery from M/s. Angel Resins, owned by Mr. Sandeep Patel and Mr. Hashmukhbhai Patel, located in Gujarat. The acquisition includes industrial plant, machinery, and related equipment used for powder resin manufacturing. The company paid Rs. 3 Crores for the assets and expects the acquisition to strengthen its manufacturing footprint and enhance operational capacity. Regulatory approvals have been obtained, and the company will now apply for changes in various licenses.
Key Highlights
- ARCL Organics Ltd. purchases land and machinery from M/s. Angel Resins in Gujarat.
- The acquisition includes industrial plant, machinery, and related equipment for powder resin manufacturing.
- The transaction amount is Rs. 3 Crores.
- Regulatory approvals have been taken, and the company will apply for changes in various licenses.
- The acquisition is expected to strengthen the company's manufacturing footprint and enhance operational capacity.
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