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India - Nelcast buys 51% stake in Pritika Group

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Nelcast, producer of superior quality <link _top>castings announced on Monday, September 15, that it has acquired 51% stake in Himachal Pradesh and Punjab  based Pritika Group of companies.

The company had entered into a Memorandum of Understanding (MoU) for the same on Saturday, September 13.

Pritika Group is a renowned organization in tractor and automotive industry. It provides excellence in field of precision machined components out of <link _top>casting, forging and bar stock.

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