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Grindwell Norton concludes acquisition process of PRS Permacel

28 May 2022 Evaluate

Grindwell Norton has concluded the acquisition process of PRS Permacel at a Net consideration of Rs 121.1 crore as of May 27, 2022. With this acquisition, the Permacel becomes a 100% subsidiary of the Company effective May 27, 2022.

Grindwell Norton is India's Leading Manufacturer & Exporter of Abrasives & Silicon Carbide.

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