Corporate News 28-Jul-23
Authum Investment to sell 35% stake held in MEPL to Welspun Engineers
Authum Investment & Infrastructure has executed a Share Purchase Agreement dated 27 July 2023, with inter alia Welspun Enterprises (the purchaser), to sell 36.05% of its equity stake from out of 47% in its Associate Company, Michigan Engineers (MEPL) subject to necessary approvals as per the agreement.
Hence, MEPL shall cease to be associate of the company on completion of the transaction.
Previous News
Authum Investment to sell 35% stake held in MEPL to Welspun Engineers
( Corporate News - 28-Jul-23 09:09 )
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