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Tag Archive for 'Shanthi Gears acquisition'

Tube Investments to buy stake in Shanthi Gears

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The Muragappa group company Tube Investment if India is planning to expand its stake by purchasing about 44.12 of stake from Shanthi Gears. This stake would cost them around Rs 292 crore. The company had entered into an agreement where they will acquire 3.6 crore equity shares for Re 1 each. They are also planning […]


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