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 Corporate - Mergers & Acquisitions
Voltas to get 51% in Rohini Electricals

Mumbai, Aug 12

Engineering projects company Voltas Ltd will acquire 51 per cent stake in Mumbai- based Rohini Industrial Electricals for Rs 62 crore. Rohini Electricals is engaged in undertaking turnkey electrical and instrumentation projects for the industrial and commercial sectors. Voltas informed the Bombay Stock Exchange that both the parties have also agreed that the Voltas could increase in equity to 100 per cent. —

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