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LT Elevator cancelled the proposed Ricardo merger and signed an SPA to acquire 100% of Ricardo within 120 days, issuing up to 461,000 shares at ₹281.86 (₹12.99 crore) via share swap, subject to approvals. Context: revised structure preserves the planned B2C expansion.
L.T. Elevator Replaces Ricardo Merger With ₹12.99 Crore Share-Swap Acquisition
L.T. Elevator Board To Consider Equity Issue On August 13
L.T. Elevator Acquires 66.45% Stake In Korean Parking Systems Maker Dongyang PC
L.T. Elevator Signs SPA To Acquire South Korea's DYPC Inc
LT Elevator Signs SPA To Acquire 66.45% Korean Dongyang PC Stake