According to a BSE filing, the parties to the proposed transaction, for which a legally binding memorandum of understanding had previously been signed, had "executed a Share Purchase Agreement and finalized the transaction."
Tata Neu is the super app venture of Tata Group.
These dealerships may be opened in the next 6 to 12 months.
Acquisition done for Rs 18.45 crore.
Vedanta is the parent company of Hindustan Zinc.
Floor price for the offer-for-sale set at Rs 2,450 per share.
Project to be completed within 18 months.
Nifty Bank, Financial Services, Oil & Gas, and Media indices are each trading with about 1% gains.
LTEH provides engineering services to customers operating in hydrocarbon & energy business.
Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.