TI Clean Mobility to acquire additional 30.04% stake in Cellestial E-Mobility for Rs 51 Cr

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TI Clean Mobility to acquire additional 30.04% stake in Cellestial E-Mobility for Rs 51 Cr - YourStory

Quick Summary:

It currently holds 69.96 % in Cellestial, a startup company engaged in design and development of electric tractors, TI Clean Mobility Pvt Ltd (TICMPL) said in a statement.

TII had launched passenger e-three wheelers under brand name Montra in September 2022.

We thank the founders for their contribution," MAM Arunachalam (known as Arun Murugappan), Chairman of TICMPL, said.