India’s Asahi Songwon Colors Acquires Atlas Life Sciences

Asahi Songwon Colors on Monday announced its entry into active pharmaceutical ingredient (API) manufacturing with the acquisition of Atlas Life Sciences Private Limited. The company has executed a Share Purchase Agreement (SPA) with Atlas Life Sciences Private Limited (ALSPL) and certain identified promoters of ALSPL for acquisition of 100% stake in ALSPL in three tranches … Read more

Asahi Songwon Colors Reports 57% Rise in Net Profit for Q1 FY20-21

Asahi Songwon Colors Ltd., a pigments manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit grew 57% to Rs 9.53 crores ($1.3 million) for the period ended June 30, 2020 as against net profit of Rs 6.07 crores ($0.87 million) for the … Read more