Acquisitions24 Jan 2024, 12:14 am
Sandhar Technologies to acquire majority stake in Sandhar Tooling Private Limited
AI Summary
Sandhar Technologies Limited has informed that it has entered into agreements to acquire 12,05,000 equity shares of Sandhar Tooling Private Limited, making it a wholly-owned subsidiary of the company. The acquisition is in line with the company's strategic investment and expansion plan.,
Key Highlights
- Acquisition of majority stake in Sandhar Tooling Private Limited
- Increase in shareholding from 79.92% to 100%
- Sandhar Technologies Limited to become wholly-owned subsidiary of the company