Astral acquires Al-Aziz Plastics for up to Rs 33 crore

The Board of Astral approved the acquisition of 100% equity share capital of Al-Aziz Plastics for a cash consideration of up to Rs 33 crore on April 17, 2025. Al-Aziz Plastics manufactures electrofusion fittings, compression fittings, and other accessories.

“The Board of Astral at its meeting held on 17 April 2025 has approved the acquisition of 100% equity share capital of Al-Aziz Plastics for a cash consideration of up to Rs 33 crore.”business-standard.com

• 2 sources
• business-standard.comBoard of Astral approves acquisition of Al-Aziz Plastics | Capital Market News - Business StandardCapital MarketApr 17, 2025
• astralltd.comBoard of Astral approves acquisition of Al-Aziz Plastics - Astral GroupJul 14, 2025

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