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Prameela Balakkala

18th Aug · SEBI-Registered Analyst

Jubilant Ingrevia Board Approves Zettaone Stake Acquisition

JUBLINGREA
**Jubilant Ingrevia Board Approves Zettaone Stake Acquisition** Jubilant Ingrevia Limited (JUBLINGREA) announced that its Board of Directors has approved a **binding term sheet to acquire a 40% stake in Zettaone Technologies** for **₹189.2 crore**. The proposed transaction will give Jubilant Ingrevia a 40% stake in Zettaone Technologies, subject to the terms and conditions of the binding term sheet and completion of the transaction. Jubilant Ingrevia is a specialty chemicals and CDMO solutions provider serving pharmaceutical, nutrition, agrochemical, consumer, semiconductor and industrial customers. **Disclaimer:** This post is for informational purposes only and should not be construed as investment advice

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