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January 16,2026

Atul Auto Acquires Atul Greentech’s L5 Electric Three-Wheeler Business

Atul Auto will acquire its subsidiary Atul Greentech’s L5 electric three-wheeler business for ₹35.26 crore through a slump sale. The move aims to integrate operations, marketing, and dealership networks, reducing costs and expanding reach. AGPL’s L5 division, with global sales in Europe, Africa, and Asia, reported ₹62.

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