Sona BLW shares zoom 10.5% on approving Rs 1,600 crore acquisition of Escorts Kubota’s railway equipment biz

Sona BLW Precision Forgings (Sona Comstar) is acquiring Escorts Kubota’s Railway Equipment Division for Rs 1,600 crore on a slump sale basis. This strategic move aligns with Escorts Kubota’s focus on agriculture and construction sectors. The acquisition enhances Sona Comstar’s mobility offerings.

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