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IN BRIEF: Volex acquires 51% majority stake in inYantra Technologies

7th Mar 2022 20:25

Volex PLC - Basingstoke-based electronics manufacturer - Makes a 51% majority equity investment in inYantra Technologies Pvt Ltd for USD8.0 million. It also purchases 13.5 acres of industrial land, which includes 3.5 acres of land and the operational buildings used by inYantra, in Pune, India for USD5.0 million.

Current stock price: 244.50 pence

12-month change: down 22%

By Arvind Bhunjun; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Volex
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