M&A

Murugappa Group buys 76% stake in mobile camera parts maker Moshine for Rs.8.64 Cr

BSE Disclosure  

Publicly listed Murugappa Group firm Tube Investments of India Ltd is to acquire 76% of the equity share capital of Noida based Moshine Electronics Pvt Ltd, from the promoter and other existing shareholders for INR 8.64 crore. Moshine manufactures and sells camera modules for mobile phones in its facility at Noida.

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