Sundaram Fasteners Ltd today informed BSE that its subsidiary Sundaram Fasteners Investments Ltd has acquired 24.53% in TVS Infotech Ltd, an existing associate company, consequent to the allotment of rights shares to Sundaram Fasteners Investments Ltd.
With this acquisItion, Sundaram Fasteners Investments Ltd has 62.27% equity stake in TVS Infotech Ltd.(…)
via Sundaram Fasteners Investments acquires 24.5% stake in associate firm | Business Standard News.