Corporate News     28-Nov-18
Atul Auto plans JV with JBM Industries for three wheeler electric autos
Atul Auto has signed the term-sheet with JBM Industries for entering into a Joint Venture Agreement ('JVA') with an object to expand/ develop the business of Three Wheeler Electric Autos with the blend of respective expertise.

The existing Wholly Owned Subsidiary of the Company namely, Atul Green Automotive will be utilised for this purpose.

Further, the term-sheet is subject to the parties agreeing upon and executing the definitive JVA which will include detailed terms and conditions in relation to the Proposed Transactions.

Previous News
  Atul Auto reports consolidated net loss of Rs 0.12 crore in the September 2022 quarter
 ( Results - Announcements 12-Nov-22   15:41 )
  Atul Auto records 11% growth in July sales volumes
 ( Corporate News - 01-Aug-23   11:04 )
  Atul Auto reports consolidated net profit of Rs 3.84 crore in the March 2023 quarter
 ( Results - Announcements 22-May-23   07:36 )
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 ( Results - Announcements 07-Nov-20   15:48 )
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  Atul Auto reports consolidated net loss of Rs 6.35 crore in the June 2020 quarter
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 ( Corporate News - 01-May-21   16:16 )
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 ( Corporate News - 02-Aug-21   10:04 )
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 ( Results - Announcements 21-May-18   15:45 )
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 ( Results - Announcements 07-Aug-18   17:25 )
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