Business Update1 Mar 2024, 01:29 am
Centum Electronics to invest up to €3 million in Centum T&S Group SA
AI Summary
Centum Electronics Limited, a leading embedded electronic systems company, has announced that it will be making an additional investment of up to €3 million in its step-down subsidiary, Centum T&S Group SA, for the purpose of supporting its financial operations and facilitating growth.,
Key Highlights
- Investment of up to €3 million in Centum T&S Group SA
- Objectives of the acquisition include supporting financial operations and facilitating growth
- The acquisition is covered under the Automatic Route as prescribed by the Reserve Bank of India