Amalgamation of wholly-owned subsidiaries

OCTOBER 24, 2019

In its pursuit of synergy to maximize operational and management efficiencies, Atlas Autos (the Company) has recently restructured its investments, whereby its wholly-owned subsidiaries, Atlas Die Casting (Private) Limited (ADC) and Atlas Aluminum (Private) Limited (ATAL) have been merged, by way of amalgamation, with and into the Company effective from July 1, 2019. The businesses of both ADC and ATAL will continue as part of the Company.