Maini: Raymond Group acquires stake in MPPL for Rs 682 crore, forays into
Indian fabric major Raymond Group recently said it is acquiring a 59.25% stake in Maini Precision Products Limited (MPPL) for Rs 682 crore, which will be financed through a combination of debt and...
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Maini is an India-based company that designs and manufactures products such as sliding headstocks and multi-spindle automats for industries including aerospace and automotive.
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