Adhunik Group sold its entire stake in Neepaz V Forge (India) Limited to Nagpur Automotive Industries

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Adhunik Group has sold its entire stake in Neepaz V Forge (India) Limited to Nagpur Automotive Industries Private Limited for a total enterprise value of INR 2,300 mn. The transaction is in line with Adhunik Group’s overall strategy to divest its non-core assets and focus on its core businesses.

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