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PPAP Automotive informs about acquisition

14 Nov 2019 Evaluate

PPAP Automotive has informed that the Company had acquired 60% stake in Elpis Components Distributors, thereby making its associate company as wholly-owned subsidiary of the Company, pursuant to Regulation 30 read with Schedule lll of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 164.50
Tube Investments 2580.40
Bosch 47711.40
UNO Minda 1223.50
Bombay Burmah Trdg. 1449.80
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