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Greaves Cotton, India acquires additional 10% stake in Excel Controlinkage

On August 13, Greaves Cotton announced that it had acquired an additional 10% of the shareholding, for a consideration of INR 623.8 million, in Excel Controlinkage Private Limited (Excel), a material subsidiary of the Company, through a secondary route. With this, its aggregate shareholding now stands at 70% w.e.f. A....

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