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Redington’s arm acquires additional 15.2% stake in Citrus

26 Oct 2020 Evaluate

Redington India’s a step-down subsidiary-- Redington Gulf FZE, (Redington Gulf) has acquired additional 15.2% stake in Citrus Consulting Services FZ LLC (Citrus), its subsidiary company. With this acquisition, the total holding of Redington Gulf in Citrus had increased from 84.8% to 100%. Approval of Dubai Developmental Authority (DDA) had been obtained for the acquisition. 

Redington is one amongst the top supply chain solution providers worldwide to over 100 leading manufacturers of Information Technology, Telecom, Lifestyle and Consumer Electronics Products.

Redington Share Price

234.90 6.90 (3.03%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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