Lucas Indian Service Limited entered a share transfer agreement to acquire an additional 13.26% stake in India Nippon Electricals Limited (NSEI:INDNIPPON) from MAHLE Holding (India) Private Limited on June 19, 2023.

Lucas Indian Service Limited completed the acquisition of an additional 13.26% stake in India Nippon Electricals Limited (NSEI:INDNIPPON) from MAHLE Holding (India) Private Limited on June 26, 2023.