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MTAR Technologies gets nod to acquire stake in Gee Pee Aerospace & Defence

11 May 2022 Evaluate

MTAR Technologies has received approval from board of directors to acquire stake in GEE PEE Aerospace & Defence. The objective of acquisition is enhancement of capacity in bottle neck areas. The said acquisition would enhance the revenue growth further and expand the customer base specifically in defence and elite sectors.

MTAR Technologies is a leading precision engineering solutions company engaged in the manufacture of mission critical precision components with close tolerances (5-10 microns).

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