CCI Approves Merger of Ring Plus Aqua and Maini Precision Products
The Competition Commission of India has approved the merger of Ring Plus Aqua and Maini Precision Products into JK Maini Precision Technologies Limited (JKMPTL) and the demerger of JKMPTL's aerospace business into JK Maini Global Aerospace Limited (JKMGAL). This decision follows a previous approval in March 2024, with changes in the transaction structure. Both JKMPTL and JKMGAL currently have no operations.
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