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Sandhar Technologies enters into SPA to acquire stake in JV Company Source: IRIS | 07 Dec, 2021, 01.17PM Rating: NAN / 5 stars. Comments  |  Post Comment Notice: Undefined variable: fileR in /me/beta.myiris.com/htdocs/newsCentre/bin/addLinksNew.php on line 17 Notice: Undefined variable: fileR in /me/beta.myiris.com/htdocs/newsCentre/bin/addLinksNew.php on line 142 Sandhar Technologies, manufacturer and distributer of automobile equipment has entered into Share Purchase agreement (SPA) on December 06, 2021, for purchase of 1,48,23,143 equity shares of its Joint Venture Company namely 'Sandbar Daewha Automotive Systems' (JV Company) from the other Joint Venture Partner namely Daewha Fuel Pump Ind. Acquisition of equity shares is to consolidate its business. At present, Sandbar Daewha Automotive Systems is the Joint Venture of the Company. Subsequent to proposed acquisition, the shareholding of the company in Sandbar Daewha Automotive Systems will increases to 100% of the paid up equity share capital. The time period for completion of the acquisition is by March 31, 2022. Shares of the company gained Rs 1.85, or 1.75%, to trade at Rs 248.85.  The total volume of shares traded was 3,878 at the BSE (11.48 a.m, Tuesday).  Post Comment Notice: Undefined index: dir in /me/beta.myiris.com/htdocs/newsCentre/comments.php on line 162 > Name Email Comment Security Code type    Notice: Undefined variable: captchacode in /me/beta.myiris.com/htdocs/newsCentre/comments.php on line 183 into this box

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Notice: Constant DOC_ROOT_FOR_HTML_FILES already defined in /me/beta.myiris.com/htdocs/newsCentre/rightSideTabs.php on line 1 Most Read Expert Speak 22-09-16 Sensex surges over 300 points as US Federal Reserve holds rate 22-09-16 Sensex gains 281 points; Nifty trades at 8,862-level 22-09-16 Rupee appreciates 18 paise against dollar in early trade 22-09-16 Edelweiss Group to acquire Ambit Alpha Fund more... more...

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