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PPAP Automotive, India approves merger with battery subsidiary and tooling slump sale
On May 11, PPAP Automotive Limited announced that its board approved a scheme of merger to amalgamate Avinya Batteries Limited (ABL), its wholly owned subsidiary engaged in manufacturing lithium-ion battery packs for two-wheelers, three-wheelers, energy storage systems, and industrial power solutions, into PPAP Autom....
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