Indo-National has invested Rs 50.03 lakh by subscribing to additional 0.78% equity stake in Medcuore Medical Solutions (MMSPL). The objective of investment is to facilitate business growth and to generate revenue and to earn profit due to expansion of business. Following this acquisition, the company’s aggregate shareholding in MMSPL now stands at 61.87%.
Earlier, the company had invested an aggregate amount of Rs 49.93 lakh by way of subscription to equity shares of MMSPL.
Indo-National, formerly Nippo Batteries Co., is an India-based company. The company markets various range of LED torch lights to cater to customer requirements.
| Company Name | CMP |
|---|---|
| Exide Industries | 423.55 |
| Amara Raja Energy | 864.05 |
| HBL Engineering | 696.20 |
| Eveready Inds. India | 317.20 |
| Indo-National | 331.70 |
| View more.. | |
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