Brief: Sjs Enterprises Approves Share Purchase Agreement With Walter Pack Automotive Products India

SJS Enterprises

28/04/2023 03:52

April 28 (Reuters) - SJS Enterprises Ltd  SJSE.NS :
    * APPROVED SHARE PURCHASE AGREEMENT WITH WALTER PACK
AUTOMOTIVE
PRODUCTS INDIA AND ITS SHAREHOLDERS
    * SHARE PURCHASE AGREEMENT FOR ACQUISITION OF 90.1% STAKE IN
WALTER PACK AUTOMOTIVE PRODUCTS INDIA
    * DEAL FOR 2.39 BILLION RUPEES
    * APPROVED TERM LOAN OF 750 MILLION RUPEES FROM BAJAJ
FINANCE
    * APPROVED ENHANCED EXISTING WORKING CAPITAL LOAN/ TERM LOAN
OF
CITI BANK N.A FROM 350 MILLION RUPEES TO 900 MILLION RUPEES

Source text for Eikon:  ID:nNSE1Z6vXn 
Further company coverage:  SJSE.NS 

 ((Reuters.Briefs@thomsonreuters.com;))