MOS Utility Limited (NSEI:MOS) agreed to acquire 51% stake in JC Ventures Private Limited for INR 30.6 million on February 7, 2024. A s part of consideration MOS Utility Limited (NSEI:MOS) will acquire 0.3 million equity shares of JC Ventures Private Limited. JC Ventures Private Limited reported the total revenue of INR 10.9 million.

The deal is expected to close by March 2024.