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IndiaRF announces USD 83 million investment in Setco Group, India
On September 7, India Resurgence Fund (IndiaRF) announced an investment of up to INR 615 crore (USD 83 million) in Setco Group. As part of the transaction, Setco Automotive Limited will transfer its clutch business into a subsidiary, Setco Auto Systems Private Limited (SASPL), into which IndiaRF will invest through a....
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