Jyoti CNC Automation Ltd.
BSE: 544081 | NSE: JYOTICNC
Small Cap | Engineering - Industrial Equipments
633.60
-4.90 (-0.77%) Jyoti CNC Automation gets nod to make fresh investment in Jyoti SAS
Date: 30-01-2024Jyoti CNC Automation has received approval from Board of Directors for fresh investment of Rs 150 crore in Jyoti SAS, a Wholly Owned Subsidiary of the Company. The objective of investment is to acquire 100% stake in step down operating subsidiary Huron Graffenstaden SAS. Jyoti SAS was incorporated to acquire 100% Stake in Step down operating subsidiary Huron Graffenstaden SAS.
Jyoti CNC Automation is one of the world’s leading manufacturers of metal cutting Computer Numerical Control machines.