Varroc Engineering has completed the divestment of the 4-Wheeler Lighting Business of the Company in the Americas and Europe and identified RD business in India to Compagnie Plastic Omnium SE of France and its AffiliateAssociate Companies and Subsidiaries with effect from 06 October 2022 By way of this transaction the company has also sold its 100Percentage stake in its wholly owned subsidiary viz VL Lighting Solutions Post this transaction VL Lighting Solutions ceases to be a wholly owned subsidiary of the company
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