CIE Automotive India merges with CIE Aluminium Casting subsidiary

CIE Automotive India Board Approves Merger with Subsidiary CIE Aluminium Casting. The company's board has approved the merger of its subsidiary CIE Aluminium Casting into the parent entity. This consolidation move aims to streamline operations and enhance operational efficiency. The merger is expected to strengthen the company's position in the automotive components sector.

📊 STOCKS: CIEAUTOMOT | 🏢 SECTOR: Auto | #MEDIUMIMPACT #merger