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Greaves Cotton's arm Ampere Vehicle to buy 26 pc stake in MLR Auto for Rs 18.81 cr

Commenting on the development, Greaves Cotton Managing Director and Group Chief Executive Officer, Nagesh A Basavanhalli said, "With this strategic stake in MLR Auto, Ampere Electric gets ready to operate as full range last-mile electric vehicle company with mass mobility solutions in both E-2W (electric two-wheeler) and E-3W (electric three-wheeler) segment."
Tamil Nadu Lokeswara Rao Mullapudi Nagesha Basavanhalli Ltd On Auto Ltd Ampere Vehicles Pvt Ltd

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