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Remsons Industries, India acquires 51% stake in Astro Motors to enter electric three-wheeler segment
On April 9, Remsons Industries Limited announced the acquisition of a 51.01% stake in Astro Motors Private Limited, a Pune-based manufacturer of electric three-wheelers, for a total consideration of INR 142.2 million. The acquisition includes INR 42.2 million through equity issued on a preferential basis and INR 100 ....
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