PE players are selling 6.9% stake in the company for Rs 93.65 crore to the promoters, increasing their holding to more than 85%, Micromax said in its latest regulatory filings with the Registrar of Companies (RoC).
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PEs exit Micromax through buyback as valuation crashes 93% in 4 years
PEs exit Micromax through buyback as valuation crashes 93% in 4 years
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