CCI Greenlights Acquisition of Majority Stake in Maini Precision Products Limited

New Delhi: The Competition Commission of India (CCI) has granted its approval for the proposed transaction, which includes the acquisition of a 59.25% shareholding in Maini Precision Products Limited (MPPL) by Ring Plus Aqua Limited (RPAL). In this envisioned combination, RPAL is set to acquire a significant 59.25% stake in MPPL. Additionally, the transaction involves…

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