Kinetic Motor to invest Rs 30 cr in Mahindra 2-wheeler firm

Two-wheeler manufacturer Kinetic Motor on Friday said it will invest up to Rs 30 crore in Mahindra Two Wheelers Pvt Ltd to buy 2.95 crore equity shares of the latter.

The company took a decision in this regard during its extraordinary general meeting held today, Kinetic Motor said in a filing to the Bombay Stock Exchange. More
Courtesy: economictimes.indiatimes.com

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