Comments
Shares of NSE-listed Sundaram Finance Holdings and India Motor Parts & Accessories (IMPAL) will remain in focus as the the board of the former approved buying further stake in the latter. In a release to the exchanges, Sundaram Finance Holdings said upon acquisition, the stake in IMPAL will increase to 21 per cent from 18.52 per cent. The deal size has been pegged at ₹15 crore, Sundaram Finance Holdings said in a notice to the stock exchanges. IMPAL shares on Monday closed at ₹396.05.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.