Zuari Global acquires 48.98% stake in Forte Furniture Products
Zuari Global has acquired around 48.98% shares of Forte Furniture Products India (FFPL) from Indian Furniture Products (IFPL), subsidiary of the Company. IFPL being a subsidiary of the Company, as such the promoters also have an indirect interest in the entity acquired and IFPL being related party the transaction falls under the related party transaction. … Read more
