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IFB Industries acquires 100% stake in Global Automotive & Appliances, Singapore

In a March 27 stock exchange filing, IFB Industries informed that its board of directors has approved to acquire 100% equity capital of Global Automotive & Appliances Pte Ltd. (GAAL), Singapore at a consideration of INR 200 million.
The transaction is expected to be completed within the first quarter of fiscal year 2....

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