Kirloskar Pneumatic Company to acquire 55.26% stake in Systems and Components (India)

25 Oct 2024

Kirloskar Pneumatic Company to acquire 55.26% stake in Systems and Components (India)

Kirloskar Pneumatic Company has executed share purchase and shareholders' agreement to acquire 55.26% equity shares in Systems and Components (India). The aggregate consideration of Rs 15.50 crore is payable in cash in one or more tranches.

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