Jindal Worldwide has acquired 9,250 equity shares of Rs 10 each at par aggregating to Rs 92,500 of Jindal Mobilitric. The main aim of acquisition is for growth and expansion of company’s business in Electric Vehicle sector/market is to use the proposed brand name of the Jindal Mobilitric. The company will also use the expertise and talent of the proposed team of the Jindal Mobilitric and the available technology with target company.
Jindal Worldwide engages in the manufacture, sale, and export of made ups and fabrics in India.
