Jubilant Ingrevia buys 40% of ZettaOne for ₹189.2 crore
In short
Jubilant Ingrevia has signed a deal to buy 40% of ZettaOne Technologies for ₹189.2 crore.
The move gives it entry into the Electronics Development and Manufacturing Services business. The reporting does not say when the deal will close or what approvals are still needed.
What the reporting says
Jubilant Ingrevia signed an agreement to acquire a 40% stake in ZettaOne Technologies Limited for ₹189.2 crore, according to a publisher-supplied summary. The reported deal marks the company’s entry into the Electronics Development and Manufacturing Services space. The source does not state when the transaction will close, how it will be financed, or any regulatory conditions.
Why it matters
Jubilant Ingrevia signed an agreement to buy a 40% stake in ZettaOne Technologies Limited for ₹189.2 crore, based on the publisher summary. The reported purpose is entry into the Electronics Development and Manufacturing Services business. The available reporting does not say when the deal will close, whether there are conditions, or how the stock market should value the transaction.