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Tata's Titan to make CaratLane its wholly owned company
short by Vivek / on Tuesday, 27 February, 2024
The Tata-owned Titan Company will acquire the remaining 0.4% stake in CaratLane, making it a wholly-owned subsidiary. Currently holding a 99.64% stake, the company will purchase the remaining 1,19,489 shares, or 0.36% stake, in CaratLane for over Rs 60 crore to achieve full ownership. The acquisition is set to be completed by the end of March this year.
read more at Indian Startup News