Ring Plus Aqua

CCI approves Ring Plus Aqua's 59% stake buy in Maini Precision Products

Maini Precision Products Ltd (MPPL) is engaged in the manufacturing of precision products for different industries and manufacturers.

Raymond snaps up auto component maker Trinity for Rs 54 cr

Premium textile major Raymond's auto components arm, Ring Plus Aqua, today acquired Pune-based Trinity India for Rs 54 crore. "We have picked up 78% in Trinity, for Rs 54 crore. We have bought out the entire promoters' stake and some large institutional investors," Raymond president (engineering division) Harshal Jayavant told PTI.

Raymond's auto component arm buys Trinity India

Ring Plus Aqua, the auto component arm of apparel maker Raymond, has acquired Pune-based forged component maker Trinity India for an undisclosed sum.