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V-Guard board okays acquisition of Guts Electromech

V-Guard board okays acquisition of Guts Electromech

Tuesday, March 28, 2017, 3:35 PM

Consumer electrical and electronics player V-Guard Industries today said it has received in-principle approval from its board to acquire a majority stake in Guts Electromech Ltd. The Board of Directors of the company considered the proposal to acquire a majority stake in the equity of Guts Electromech Ltd, Hyderabad, and accorded its in-principle approval to make the investment.
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