TII to acquire stake in start-up Aerostrovilos
The Hindu
Tube Investments of India Ltd. (TII) will be acquiring up to 25% stake in Aerostrovilos Energy Pvt. Ltd. for a cash consideration of ₹3.46 crore.AEPL is a start-up firm engaged in the development of m
Tube Investments of India Ltd. (TII) will be acquiring up to 25% stake in Aerostrovilos Energy Pvt. Ltd. for a cash consideration of ₹3.46 crore.
AEPL is a start-up firm engaged in the development of micro gas turbine technology for power generator and automotive application. The deal is expected to be completed within 30 days.
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