Jubilant Ingrevia acquires 40% stake in Zettaone Technologies
after close1 source ↓written by the desknot a recommendation
- in Zettaone Technologies
- 40% stake
- Zettaone Technologies
- ₹189.2 cr
Jubilant Ingrevia Limited has entered a binding agreement to acquire a 40% stake in Zettaone Technologies for ₹189.2 cr. This strategic investment will make Zettaone an associate company, enhancing Jubilant's capabilities in the electronics and semiconductor sectors. The acquisition aligns with Jubilant's growth strategy in advanced technology applications.
• Zettaone specializes in R&D, design, and manufacturing for various industries, including Aerospace and Automotive.
• This move may strengthen Jubilant's market position and expand its technological footprint.
Not investment advice. For informational purposes only.