Eicher Motors Ltd (EICHERMOT)
General Updates
VE Commercial Vehicles Limited board approved increasing its shareholding in VE Connected Solutions Private Limited from 51% to 74%. The acquisition involves purchasing 115,000 shares at INR 95.80 each, totaling INR 11.01 million. VECS operates in automotive connected solutions with a turnover of INR 911 million for FY26. The transaction is arm's length and expected to complete by July 31, 2026.
Source: Original filing PDF
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