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Usha Shriram may divest 25% stake in lightning business, deal could fetch Rs 50 cr
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Usha Shriram may divest 25% stake in lightning business, deal could fetch Rs 50 cr
18 December 2013
Usha Shriram Enterprises plans to divest around 25% of its stake in its venture for the first time in 30 years of its existence as it seeks funds to expand and invest in the lighting business of the company. The company is in final stages of talks with Sudhir Gensets.
Usha Shriram Enterprises plans to divest around 25% of its stake in its venture for the first time in 30 years of its existence as it seeks funds to expand and invest in the lighting business of the company. The company is in final stages of talks with Sudhir Gensets.
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