IndiaRF acquires majority stake in Ashok Iron Works casting and machining business
On August 7, India Resurgence Fund (IndiaRF), promoted by Piramal Finance and Bain Capital, acquired a majority stake in Fine Edge Engineering Private Limited, which houses the iron casting and machining business of Ashok Iron Works and its related entities.
Founded in 1974, Ashok Iron Works operates four foundries w



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