PCBL: The company has received board approval for entering into a joint venture with Australian company Kinaltek Pty. Ltd. to expand into the growing battery application market. The company will own a 51 percent shareholding in the joint venture company and will be infusing $16 million in the JV company, with a commitment to infuse funds up to $28 million in stages in the JV for setting up a manufacturing facility. The proposed transaction will be financed through a mix of internal accruals and external funds raised by the company.

Moneycontrol Pro Panorama | Tech tensions
Jan 5, 2026 / 03:36 PM IST
For January 5 edition of Moneycontrol Pro Panorama: S Jaishankar’s diplomacy strengthens India-Bangladesh relations, India faces...
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