Following the aforesaid acquisition, the total shareholding of Shivaliks in Firema has gone up to 34.59%.
Invitalia, investment arm of the Government of Italy has also made fresh investment of Euro 10 million in Firema pursuant whereto its stake in Firema has increased to 31.01%.
With the aforesaid investments, the current shareholding of TRSL in Firema stands at 25.43%.
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