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Hindustan Hardy Spicer announced that XLO India, a promoter of the Company has agreed to acquire from Spicer Gelenkwellenbau GmbH, another promoter of the Company, the entire 3,90,000 equity shares of the Company held by Spicer Gelenkwellenbau GmbH, by way of inter se transfer of shares amongst promoters.
The Company has initiated steps for changing the corporate name of the Company by deleting the word "Spicer" from its name.
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