Brief: India Motor Parts & Accessories enters MoU for investing in pvt company

India Motor Parts & Accessories

28/03/2017 13:39

March 28 (Reuters) - India Motor Parts & Accessories Ltd 
 IMPA.NS  
    * Says approved enter into MoU for investing INR 38 million 
towards 76% stake in a private limited company 
    * Says proposed deal expected to be completed by Q1/early Q2 
in 2017-18; new pvt company to be unit of IMPAL 
 
Source text - (http://bit.ly/2ouhHs4) 
Further company coverage:  IMPA.NS  
 
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