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Amara Raja Batteries, India transfers its new energy business to its subsidiary Aract
On January 25, Amara Raja batteries announced that its Board of Directors approved the transfer by way of sale of ' New Energy Business' ("NEB" ) comprising of the lithium battery pack manufacturing, cell, and a state-of-the-art R&D pilot plant for prototyping, manufacturing Li-ion cells, etc, through a slump sale ar....
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