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Shriram Pistons & Rings, India acquires Karna Intertech for INR 50 Million
On March 7, Shriram Pistons & Rings Limited (SPRL) entered into a share purchase agreement with the existing shareholders of Karna Intertech Private Limited (Karna) to acquire a 100% equity stake in the company for an estimated cost of INR 50 million. The transaction is expected to be completed on or before April 15,....
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