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Raymond Group buys 59 25 per cent stake in Maini Precision Products for ₹682 crores

Raymond Group buys 59 25 per cent stake in Maini Precision Products for ₹682 crores
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Raymond Group to foray into aerospace, defence, EV components biz with acquisition in Maini Precision Products

Raymond Group has announced the acquisition of 59.25 per cent stake in Maini Precision Products Limited (MPPL) for Rs 682 crore funded by a mix of debt and internal accruals.This acquisition is a strategic move to further strengthen Raymond's .

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