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MM Forgings India to invest in Abhinava Rizel for EV components

On August 31, MM Forgings Limited (MMF) announced that it will make a strategic investment in Abhinava Rizel Private Limited by subscribing to equity shares equivalent to 88% of the issued and paid-up share capital of the Investee Company. M M Forgings is investing INR 2 billion in Abhinava Rizel to produce electric ....

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