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Altigreen Propulsion Labs Pvt Ltd For Rs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Altigreen raises Rs 300 cr from Sixth Sense Ventures, Reliance New Energy, others

Reliance to buy stake in EV technology firm Altigreen - Jammu Kashmir Latest News | Tourism

New Delhi, Feb 10: Reliance Industries Ltd on Thursday announced the acquisition of a stake in electric vehicle technology and solutions company Altigreen Propulsion Labs Pvt Ltd for Rs 50.16 crore. “Reliance New Energy Ltd (RNEL), a wholly-owned subsidiary of the company, has entered into an agreement with Altigreen for the subscription of 34,000 Series-A Compulsorily Convertible Preference Shares of face value Rs 100 each for an aggregate consideration of Rs 50.16 crore,” Reliance said in a stock exchange filing. […]

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