Company news: Amara Raja Batteries

Amara Raja Batteries has entered into an agreement with Johnson Controls Technology Company (JC), US, for acquiring the license for manufacturing advanced stamped grid plate-making technology. The company has also entered into a technology collaboration agreement with JC, which will enable it to manufacture advanced lead acid batteries. Shares of Amara Raja slipped 2.72 per cent at ₹761.15 on the BSE.