castrol india: Castrol India acquires 7.09 pc in TVS Automobile Solutions digital arm | Tech Reddy

[ad_1] Lubes maker Castrol India Limited (CIL) on Friday said it will acquire 7.09 percent stake in TVS Automobile Solutions’ digital subsidiary Ki Mobility Solutions with a planned investment of Rs 487.5 crore in an all-cash deal. With this strategic investment, CIL aims to expand its presence in the service and maintenance of both internal … Read more

Castrol India Acquires 7.09% Stake in TVS Automobile Solutions’ Digital Arm | Tech Reddy

[ad_1] Lubes maker Castrol India Limited (CIL) on Friday said it will acquire 7.09 percent stake in TVS Automobile Solutions’ digital subsidiary Ki Mobility Solutions with a planned investment of Rs 487.5 crore in an all-cash deal. With this strategic investment, CIL aims to expand its presence in the service and maintenance of both internal … Read more

Castrol India to acquire 7% stake in TV Group Company for Rs 487 crore | Tech Reddy

[ad_1] Castrol said the proposed acquisition will take place in two phases and will be completed by January 2023. Motor oil producer Castrol India Ltd announced on Friday that it will acquire 7.09 percent stake in TVS Group’s. what Movement in two episodes. The first tranche will see Castrol subscribe for 4.8 per cent share … Read more