Brief: Titagarh Rail Systems Says Co's Jv-Spv Acquired 28.23% Additional Stake In Titagarh Firema S.P.A, Italy

Titagarh Rail Systems

22/02/2024 03:56

Feb 22 (Reuters) - Titagarh Rail Systems Ltd  TITG.NS :
    * CO INVESTED IN EQUITY CAPITAL OF SHIVALIKS MERCANTILE,
JV-SPV OF
CO
    * CO INVESTED IN EQUITY CAPITAL OF SHIVALIKS MERCANTILE,
ABOUT 1
BILLION RUPEES
    * SHIVALIKS ACQUIRED 28.23% ADDITIONAL STAKE IN UNIT
TITAGARH
FIREMA S.P.A, ITALY
    * INVITALIA, INVESTMENT ARM OF GOVERNMENT OF ITALY ALSO MADE
FRESH
INVESTMENT OF EURO 10 MILLION IN FIREMA
    * SHIVALIKS ACQUIRED 28.23% ADDITIONAL STAKE IN FIREMA FOR
EURO
20.21 MILLION

Source text for Eikon:  ID:nBSE52wdwp 
Further company coverage:  TITG.NS 

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