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| Exchange Disseminated Time | | Modi Rubber Ltd has informed BSE that the Company has signed agreements with the Continental Group, the world's fourth largest tire manufacturer for the sale by Modi Rubber Limited of 100% shareholding in its subsidiary - Modi Tyres Company Limited and such sale (and completion of transaction), still depends on fulfillment of several conditions contained in the agreements. After completion of the transaction, Modi Tyres Company Limited will become a wholly owned subsidiary of the Continental Group. |
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