Raising 180cr by selling 22.5% stake at current price - Link
Funds will be utilized to buy stakes in China and Mexico subsidiary. Planning to move China subsidiary tech in India amid growing tensions against China Will also launch new products in health & wellness segment.
This should provide necessary funds for Capex and a good strategic partner.
@sanjay210 @Prdnt_investor @nithin_Shenoy any comments?
Disclosure: Invested