PPAP Automotive, India exits PPAP Tokai India Rubber joint venture
On January 7, 2026, PPAP Automotive Limited entered into a settlement agreement with Tokai Kogyo Co., Ltd, and PPAP Tokai India Rubber Private Limited (PTI), its joint venture company, to sell its entire 50% stake in PTI to Tokai. PTI shall cease to be a joint venture company between PPAP and Tokai upon execution of
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