Greaves Cotton increases stake to 81.2% in Ampere Vehicles
On July 16, Greaves Cotton announced the acquisition of 2,573,529 equity shares in its subsidiary Ampere Vehicles by way of investment through primary and secondary purchase for a total consideration of INR 384.9 million. With this investment, Greaves has increased its holding in Ampere to 81.2% from 67.3%.
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