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Titan Company signs share purchase agreement to acquire majority stake in Carat Lane Trading

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Capital Market

For consideration of Rs 357.24 crore

Titan Company announced that the share purchase agreement has been signed for acquisition of 19,142,545 equity shares representing 62% of share capital of Carat Lane Trading for Rs 357.24 crore. The acquisition is expected to be completed within 14 months subject to completion of pre-closing conditions.

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First Published: Jul 14 2016 | 6:55 PM IST

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