PTL Enterprises’ board of directors at its meeting held on February 12, 2014, has approved to divest 100% stake, i.e. one lakh equity shares of Rs 10 each aggregating to Rs 10 lakh in PTL Projects, its wholly owned subsidiary (WOS). Consequently PTL Projects and Athena Eduspark which is the wholly subsidiary of PTL Projects shall cease to be the subsidiaries of the Company.
PTL Enterprises operates in three segments; namely lease of plant, health care and other corporation. The company plant is located Kalamassery, Alwaye, Kerala 683104. It has given the plant on lease to Apollo Tyres, which manufactures truck and bus tyres sold under brand name ‘Apollo’.
PTL Enterprises operates in three segments; namely lease of plant, health care and other corporation. The company plant is located Kalamassery, Alwaye, Kerala 683104. It has given the plant on lease to Apollo Tyres, which manufactures truck and bus tyres sold under brand name ‘Apollo’.
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