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Redington Gulf FZE, a step-down subsidiary of Redington India , said that it had acquired an additional 24.8 per cent stake in Citrus Consulting Services FZ LLC (Citrus), its subsidiary company. With this acquisition, the total holding of Redington Gulf in Citrus had increased to 84.8 per cent. Shares of Redington India slumped 3.67 per cent at ₹87.95 on the BSE.
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