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100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
Kenya National Assembly Speaker Visits Kimshealth
From Soil to Muslin: Mapping Farmer’s Lives at the Students’ Biennale
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  • Automobile
  • VE Commercial Vehicles Limited Divests Entire Holding of Eicher Engineering Solutions

    By NE Reporter on March 20, 2017

    NEW DELHI:
    VE Commercial Vehicles Limited has divested 100% shares of Eicher Engineering Solutions Inc. (wholly owned subsidiary of VECV) in United States of America (USA) to SegulaTecnologias Espana, S.A.U., a Spanish corporation. The total enterprise value of this deal is $1,852,000 (One million eight hundred fifty two thousand US dollars) Commenting on this divestment, Vinod Aggarwal, MD & CEO VE Commercial Vehicles said.
    “This divestment is part of VECV’s focused plans towards driving modernization in commercial
    transportation in India and the developing world. Our immediate business outlook continues to remain positive and we are on track with all our strategic plans and initiatives.”

    Iscea

    NE Reporter

    Eicher Engineering SolutionsSegulaTecnologias EspanaVE Commercial Vehicles Limited

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    • Kenya National Assembly Speaker Visits Kimshealth
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    • Air India Express Announces ‘Time to Travel’

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