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India

Remsons Industries, India to acquire 55% stake in Remsons-Uni Autonics, its JV company

On May 2, Remsons Industries announced that its board of directors has approved the acquisition of up to 55% stake in a newly incorporated joint venture company viz. ‘Remsons-Uni Autonics Private Limited (RUAPL)’ from its present promoters, post which it will become a company subsidiary. The total consideration amoun....

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