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Modi Rubber sells 31.37 lakh shares of Xerox India for Rs 25.10 crore

29 Sep 2017 Evaluate

Modi Rubber has sold its investment held in form of 31,37,000 equity shares of Xerox India to Xerox Investments Europe B.V., Netherlands at Rs 80 each, total consideration received by company is Rs 25.10 crore.

Modi Rubber is engaged in the manufacture of the Modi Continental brand of tires. The company was incorporated on February 27, 1971.  



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