Indo National Powers Up Diversification—₹170 Million Investment and Fresh Alliances Lead the Way

Indo National Ltd, which has a popular Nippo brand of batteries and consumer electricals, has sanctioned an investment of ₹170 million in ME, marking a strategic foray into new-age industries and newer technologies. The board has also authorized share subscription and shareholders' agreements with ME, representing a major milestone in Indo National's growth and diversification strategy.

This investment reflects Indo National's nimble strategy of growth, utilizing its robust financial health to venture into high-growth industries and generate long-term value for shareholders.

 

Source: Business Standard, Moneycontrol, Economic Times