Dhoot Transmission Acquisition Worth ₹210.2 Cr
Dhoot Transmission acquired shares in two step-down subsidiaries, Dhoot Automotive Systems and Dhoot Autocomponents, for an aggregate consideration of Rs. 210.25 Crore.
- Value
- ₹210.2 Cr
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Dhoot Transmission acquired shares in two step-down subsidiaries, Dhoot Automotive Systems and Dhoot Autocomponents, for an aggregate consideration of Rs. 210.25 Crore.
Dhoot Transmission Limited acquired an additional 4.84% stake in Dhoot Automotive Systems Private Limited for a cash consideration of Rs. 125 Crore.
Dhoot Transmission Limited acquired a stake in Dhoot Autocomponents Private Limited for ₹85.25 Crore. This acquisition was funded via cash consideration.
Dhoot Transmission Limited invested GBP 24,00,000 (approx. ₹31.32 Crore) to acquire additional shares in its existing wholly-owned subsidiary, Dhoot Transmission UK Limited.