Acquisitions29 Jun 2024, 04:57 pm
HIL LTD. Completes Acquisition of Crestia Polytech and Four Group Entities
AI Summary
HIL LTD. has completed the acquisition of 100% equity share capital of Crestia Polytech Private Limited and its four group entities, as per the Share Subscription and Purchase Agreement (SSPA). The acquisition of Aditya Poly Industries Private Limited, previously a partnership firm converted into a private limited company, by Crestia, has also been completed on June 28, 2024. This disclosure is available on the company's website.
Key Highlights
- HIL LTD. has completed the acquisition of Crestia Polytech Private Limited and its four group entities.
- The acquisition was carried out as per the Share Subscription and Purchase Agreement (SSPA).
- Aditya Poly Industries Private Limited, previously a partnership firm converted into a private limited company, was also acquired by Crestia.
- The acquisition of Aditya Poly Industries Private Limited was completed on June 28, 2024.
- The disclosure regarding the acquisition is available on the company's website.