Amber Enterprises India to acquire 50% stake in Resojet

Amber Enterprises India has signed definitive agreements to acquire 50% stake in Resojet (JV company) - a part of LCGC Resolute Group, Hyderabad, to carry on the business of manufacturing of fully automatic top loading and front-loading washing machine(s) and its components.

Pursuant to the above definitive agreements, JV company will be equally owned and controlled by both JV Partners

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