Corporate News 04-May-24
Amber Enterprises India acquires 50% stake in Resojet
For a cost consideration of Rs 35 cr
Amber Enterprises India has acquired 50% stake through primary investment in equity share capital of Resojet (JV company) - A part of LCGC Resolute Group, Hyderabad, on 04 May 2024, at a cost consideration of Rs. 35 crore. Pursuant to the said acquisition Resojet has become a Joint Venture Company of the Company i.e. Amber Enterprises India.
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