Walchandnagar Industries to acquire 60.3% in defence startup Aicitta for ₹16 crore

The investment, totalling up to ₹16 crore, will be made through a combination of equity shares and compulsorily convertible preference shares. The Walchandnagar Industries stock ended at ₹154.05, up by ₹7.30, or 4.97%, on the BSE.

Walchandnagar Industries to acquire 60.3% in defence startup Aicitta for ₹16 crore
The investment, totalling up to ₹16 crore, will be made through a combination of equity shares and compulsorily convertible preference shares. The Walchandnagar Industries stock ended at ₹154.05, up by ₹7.30, or 4.97%, on the BSE.

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