Don’t miss the latest developments in business and finance.

Praj Industries hikes stake in subsidiary Praj HiPurity Systems

Image
Capital Market
Last Updated : Sep 30 2014 | 5:01 PM IST

Acquires a total 80% stake at cost of Rs 117.95 crore

Praj Industries announced that the Company has acquired a further stake of 10% in its subsidiary Praj HiPurity Systems (Formerly known as Neela Systems) for approximately Rs. 20.40 crore. With this, Praj Industries now holds 80% stake in Praj HiPurity Systems at an approximate cost of Rs. 117.95 crore.

Powered by Capital Market - Live News

Also Read

First Published: Sep 30 2014 | 4:01 PM IST

Next Story