20:15 IST
BSE
Acquisition
Darjeeling Industries Acquisition
Darjeeling Industriies Ltd's subsidiary, Novva Defence Iinds Limited, has signed an MoU to acquire a 51% stake in SJ Construction. This strategic acquisition expands the company's footprint into pipeline infrastructure for gas, petroleum, and aviation fuel sectors. The consideration for the stake will be mutually determined based on business value and operations.