Jubilant Ingrevia to acquire 40% stake in Zettaone Technologies for ₹189.2 crore
New Delhi: Specialty chemicals and contract development and manufacturing organisation Jubilant Ingrevia Ltd on Tuesday said it will acquire a 40% stake in Zettaone Technologies India Pvt Ltd for ₹189.2 crore.
The company has entered into a binding agreement with Zettaone Technologies India Pvt Ltd for the proposed acquisition, Jubilant Ingrevia Ltd said in a regulatory filing.
Zettaone Technologies, co-founded by Harikrishnan, Sureshkumar, Prabu and Arunkumar, is an electronics design and manufacturing platform with integrated capabilities in electronics/semicon industry.
