Don’t miss the latest developments in business and finance.

Kabra Extrusion Technik acquires Kolsite Energy

Image
Capital Market
Last Updated : Mar 11 2023 | 12:59 PM IST

Kolsite Energy to be used as SPV for setting up lithium-ion battery manufacturing unit

Kabra Extrusion Technik has acquired 100% of the equity of Kolsite Energy at a total consideration of Rs.10,000 on 8 March 2023.

Kolsite Energy will be used as a Special Purpose Vehicle for setting up a new manufacturing plant in North India for manufacturing Lithium-ion battery packs.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Mar 09 2023 | 12:04 PM IST

Next Story