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Shriram Pistons & Rings, India updates about acquisition of EMF Innovations

On March 2, Shriram Pistons & Rings (SPRL) announced that its wholly-owned subsidiary SPR Engenious Limited (SEL) now owns 11.63 million equity shares for a 66.42% stake in EMF Innovations Private Limited (EMFI). SPRL earlier updated the acquisition of 51% equity shares in EMFI on December 15, 2022, and January 12, 2....

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