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Carborumdum set to own Tata Innovation Fund - backed PLUSS Advanced Technologies

By Ankit Agarwal

  • 27 Aug 2021
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Carborumdum set to own Tata Innovation Fund - backed PLUSS Advanced Technologies
Credit: Pexels

Carborumdum Universal Ltd. (CUMI) has agreed to acquire a controlling stake in materials research and manufacturing company PLUSS Advanced Technologies for Rs.115 crore in a deal that will provide an exit to Tata Capital Innovation Fund. On Thursday, CUMI said it had entered into a share purchase agreement to acquire 67.94% ......

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