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Tejas Networks hits 5 per cent upper circuit after Tata Sons’ subsidiary plans to acquire up to 26 per cent stake

Panatone and other certain companies of Tata Group will soon make a public announcement to acquire up to 4.03 crore equity shares of Tejas Networks, representing 26 per cent of the emerging voting capital in accordance with SEBI Takeover Regulations.

Armaan Madhani / Article rating: 3.4
Tejas Networks recently announced a strategic investment from Panatone Finvest Limited, a subsidiary of...