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India

L. G. Balakrishnan & Bros, India to acquire 14.92% stake in Greenerg Mobility Solutions

On August 8, L. G. Balakrishnan & Bros Limited announced that its board of directors has approved making a strategic investment in Greenerg Mobility Solutions Private Limited (Greenerg) by subscribing to equity shares equivalent to 14.92% of the company for an aggregate consideration of an amount not exceeding INR 60....

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