Monday | Jun 09 2025 | 01:55:40 AM
Monday | Jun 09 2025 | 01:55:40 AM
Sona Comstar entered into an agreement with Escorts Kubota to acquire the railway business in October 2024
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The closure of the transaction is subject to completion of customary conditions precedent and is expected by 31 May 2025
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On completion of this transaction, Artifex, with revenue of GBP 296 million (FY24-25), will join the Tata AutoComp family
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The new company will be named as Rane Steering Systems (RSSL), subject to necessary approvals
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