Transport Corporation of India's shareholding in subsidiary TCI Cold Chain Solutions to reduce to 79.99%
Post investment of MITSUI in TCI Cold Chain SolutionsTransport Corporation of India announced that on 30 April, 2021, the company executed a Shareholder Agreement & Share Subscription Agreement with MITSUI & Co. (MITSUI) with respect to its subsidiary
company i.e. TCI Cold Chain Solutions in which the Company currently holds 99.99% stake and which would stand reduced to 79.99% post investment by MITSUI.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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First Published: Sat, May 01 2021. 13:20 IST