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Talbros Automotive to sell its entire 40% stake in JV Nippon Leakless Talbros for Rs 81 8 crore

Following this transaction, Nippon Leakless will become the sole owner, holding 100% of the company.

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Nippon Leakless: Talbros to divest its entire 40% stake in JV with Nippon for INR 81 8 cr, ET Auto

Post the stake sale by TACL, Nippon Leakless will own 100% of the company. TACL will realize INR 81.8 crores for its entire 40% equity stake sale. (JV Company valued at INR 204.5 crores). This transaction is subject to certain conditions precedent and is expected to be completed in Q4FY24, the company said in a media release.

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Talbros to divest 40% stake for Rs 81 8 crore in JV with Nippon

Talbros to divest 40% stake for Rs 81 8 crore in JV with Nippon
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Talbros Auto shares rose 6 5% post Q2 earnings; interim dividend announced

Talbros Automotive shares gained 6.50% intraday to Rs 247.55 against the previous close of Rs 232.55 on BSE. Market cap of the firm rose to Rs 1493.20 crore

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Phillip, Francois dominate CariFin Savannah 1 Lap - Trinidad and Tobago Newsday

Team Republic Bank's Abijah Phillip and Kadesha Charles won the men's and women's divisions at the CariFin Games' 1 Lap Savannah race, held at the Queen's Park Savannah, Port of Spain recently.

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