The price for acquisition of Service and Spare Parts Business of SPGPrints is Euro 2.49 million (Equivalent to around Rs 19.90 crore). The Board of Directors of the Company at its meeting held on April 05, 2019 has approved the same. Stovec Industries is an India-based company, which is engaged in the development and production of consumables for their use in textile and graphic printing industry.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.