Corporate News 21-Jul-22
Tube Investments of India to acquire 76% stake in Moshine Electronics
Tube Investments of India has today entered into a Share Purchase and Shareholders' agreement for acquisition of 76% in the equity share capital of Moshine Electronics (Moshine), through purchase of equity shares from the promoter and other exiting shareholder of Moshine for a consideration of up to Rs.8.64 crore.
Moshine is a company engaged in manufacturing and sale of camera modules for mobile phones.
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