Atul Auto shines on reporting 39% rise in December sales [Automobile & Ancillaries]
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TL;DR
Atul Auto reported a 39% increase in sales for December, highlighting strong performance. The company, founded in 1986 with minimal capital, has grown significantly over the years.
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Automobile Two & Three WheelersAutomobile & AncillariesAtul Autosales growthautomobile industryDecember salescompany history
Atul Auto, an Atul group company was originally incorporated as a Atul Auto (Jamnagar) Pvt. Ltd on June 18, 1986 under the Companies Act,1956, in the State of Maharashtra. Late Mr. Jagjivanbhai Karsanbhai Chandra was the founder of the company, having started the company with a small capital of only Two thousand Rupees in 1986, today it has achieved a turnover of Rs 168 crore. The Name of the Company was changed from Atul Auto (Jamnagar) Pvt. Ltd. to Atul Auto Pvt. Ltd. August 12, 1994. The Company was subsequently converted into Public Limited Company and fresh certificate of incorporation was obtained on August 12, 1994 from the Registrar of the Companies, Gujarat.