Mallcom (India) Limited (BSE:539400) agreed to acquire remaining 25% stake in Mallcom Safety Private Limited for INR 42 million on February 8, 2023. The transaction is expected to close on March 31, 2023.

Mallcom (India) Limited (BSE:539400) completed the acquisition of remaining 25% stake in Mallcom Safety Private Limited in the quarter ended March 31, 2023. Mallcom (India) will acquire 1.4999 million shares in Mallcom Safety.