Board of Pitti Engineering approves acquisition of Bagadia Chaitra Industries

Industry: Other 2 months ago

At meeting held on 11 March 2024.

The Board of Pitti Engineering (PEL) at its meeting held on 11 March 2024 has approved the secondary acquisition of 100% of the equity share capital of Bagadia Chaitra Industries.

The proposed acquisition would help PEL in broadening its presence in South India. It enables greater market penetration and provides entry into new end-use sectors.

Source: Business-Standard

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