M&M to acquire 55% stake in Meru for cash consideration of up to Rs 201.5 crore

M&M would invest an amount not exceeding Rs 201.5 crore in Meru.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/mm-to-acquire-55-in-stake-meru-for-cash-consideration-of-up-to-rs-201-5-crore/articleshow/70932940.cms