Kalpataru Power Transmission arm to acquire 51% stake in Brazil#39;s Fasttel Engenharia

"Kalpataru Power do Brasil Participações Ltd has signed a definitive agreement to acquire a controlling stake of 51 percent in Fasttel Engenharia Ltda,Brazil for USD 8.80 million, subject to customary adjustments," Kalpataru Power Transmission Ltd said in a regulatory filing.

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