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Friday, September 21, 2012 - 08:58 IST
PE-backed Innoventive Ind to acquire 51% stake in Innovative Technomics
BY Bhawna Gupta
This acquisition will extend Innovative's footprint in electrical and electro-mechanical products market.
Multi-product engineering firm Innoventive Industries Ltd has signed an agreement with Innovative Technomics Pvt Ltd (ITPL) to acquire 51 per cent stake. Innoventive has valued ITPL’s business at Rs 23 crore, as per a BSE...
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