Greaves Cotton has acquired 15,04,523 Equity Shares, by way of investment in subsidiary of the Company i.e.
Ampere Vehicles, India ('Ampere') through primary and secondary purchase for a total consideration of Rs 22.5 crore. Consequent to the acquisition of aforesaid additional stake, the Company's holding in Ampere increased from 67.34% to 72.11%.
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