Mahindra CIE to buy Bengaluru’s Bill Forge for Rs1,331.2 crore
Mahindra CIE would issue 31,991,563 shares to the shareholders of Bill Forge besides it will also issue 22,500,000 shares to Participaciones Internacionales, one of the promoters of Forge
New Delhi: Mahindra group’s auto component arm Mahindra CIE Automotive on Monday said it will acquire Bengaluru-based Bill Forge for Rs1,331.2 crore.
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