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Ravindra Energy, India and Energy in Motion plan clean mobility merger
On September 24, Ravindra Energy Limited and Energy in Motion Limited approved a Scheme of Merger under which EIM will merge with and into Ravindra Energy. REL currently holds a 49.54% stake in EIM, which is jointly controlled with the J M Baxi Group.
The merger will combine REL’s renewable-energy portfolio with EIM’....
The merger will combine REL’s renewable-energy portfolio with EIM’....
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