12 March 2022, Mumbai:
Tata group firm Titan Company on Friday said its subsidiary has inked a pact to acquire 17.5 per cent voting rights in US-based Great Heights Inc for USD 20 million (around Rs 152 crore).
ALSO READ: Titan Q3 FY22 Results
TCL North America Inc (TCLNA), a wholly-owned subsidiary of the company, has signed a stock purchase agreement with Great Heights Inc for a subscription of shares with voting preferred stock in the capital stock of Great Heights, the jewellery and watch maker said in a regulatory filing.
As per the pact, TCLNA would hold up to 17.5 per cent voting rights in Great Heights, it added.
RELATED ARTICLE Actor Rohit Saraf is the new brand ambassador for Titan-owned, Fastrack
Join our community on Linkedin
CREDITS: ET.
Author’s Posts
-
CITI: India must engage U.S. on tariffs
"Bridging the Information Gap in the Textile and Fashion Industry."
Building Trust in AI: A Global Imperative
At the "Enabling...
Apr 01, 2025
-
Innovation Essential to Outpace Counterfeiters: Nicolas Koutros
At the TAF 2025 show, Salil Chawla, Director of DFU Publ...
Mar 18, 2025
-
Reid & Taylor Set for a Bold Comeback in India Under Subrata Siddhanta's Leadership
The iconic menswear brand
EPCH Hosts Key Handicraft Session in Srinagar
The Export Promotion Council for Handicrafts (
Latest News
Latest Publications
