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    Brief: Landi Renzo Signs Amendment To Joint Venture Agreement With Shloka Auto Trimes For Klr India

    Picture of Landi Renzo SpA logoLandi Renzo SpA
    15/06/2026 06:43
    BRIEF-Landi Renzo Signs Amendment To Joint Venture Agreement With Shloka Auto Trimes For Klr India
    June 15 (Reuters) - Landi Renzo SpA LR.MI:
    • SAID ON FRIDAY IT SIGNED AMENDMENT TO JOINT VENTURE AGREEMENT WITH SHLOKA AUTO TRIMES FOR KLR INDIA
    • AMENDMENT TRANSFERS 16% STAKE IN KLR TO SHLOKA WITH NO DIRECT CONSIDERATION
    • BECOMES QUALIFIED MINORITY SHAREHOLDER IN KLR WITH 35% STAKE
    • SAYS DEAL IN EXCHANGE FOR SHLOKA'S FINANCIAL COMMITMENT TO SUPPORT KLR, INCLUDING TAKING FULL RESPONSIBILITY FOR CONTINGENT LIABILITIES
    • RECIPROCAL EXIT MECHANISMS IN KLR EFFECTIVE FROM END OF SECOND OR THIRD YEAR
            
     Further company coverage: LR.MI 

     (Gdansk Newsroom)
     ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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