CaratLane to turn wholly-owned arm of Titan with purchase of 0.4% stake – ET Retail
Mumbai: Titan Co has executed an agreement to acquire the balance 0.4% stake or 1,19,489 shares in subsidiary CaratLane. As of date, CaratLane is a subsidiary of Titan wherein it holds a 99.64% stake. The completion of the aforesaid share purchase would result in CaratLane becoming a wholly-owned subsidiary of the company. Titan will acquire…