Brief: Ask Automotive Grants Approval For Entering Into Joint Venture With Aisin Group Companies
24/04/2024 07:35
April 24 (Reuters) - Ask Automotive Ltd ASKA.NS :
* GRANTED APPROVAL FOR ENTERING INTO JOINT VENTURE WITH
AISIN
GROUP COMPANIES
* JOINT VENTURE FOR MARKETING, SELLING OF INDEPENDENT AFTER
MARKET
PARTS FOR PASSENGER CARS
* COMPANY SHALL OWN 51% OF SHAREHOLDING IN JV CO
* CO TO INFUSE FUNDS UP TO 107.1 MILLION RUPEES
* REMAINING 49% SHALL BE OWNED BY AISIN GROUP COMPANIES
Source text for Eikon: ID:nNSE1VtTc6
Further company coverage: ASKA.NS
((reuters.briefs@thomsonreuters.com;))
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