Tata Motors has acquired 26.79% stake in Freight Tiger by way of a primary investment of ₹150 crore, through a combination of equity shares and compulsory convertible preference shares.
Mumbai: Tata Motors on Thursday signed a Securities Subscription Agreement (SSA) and a Shareholders Agreement (SHA) with Freight Commerce Solutions Pvt Ltd for the acquisition of a 26.79% stake in Freight Tiger for a consideration of Rs 150 crore.
Tata Motors Signs Definitive Agreement To Acquire 27% Stake In Freight Tiger freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Tata Motors expands its digital footprint with strategic investment of 150 crores in Freight Tiger cambodiantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cambodiantimes.com Daily Mail and Mail on Sunday newspapers.
Indian automaker Tata Motors said on Thursday it will buy a 26.79% stake in digital logistics firm Freight Tiger for 1.50 billion rupees , looking to boost its truck and freight operations..