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Kirloskar Oil to sell JV stakes for 2.5 bln rupees

Thu Nov 12, 2009 2:24pm IST
 
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MUMBAI (Reuters) - Kirloskar Oil Engines said on Thursday it will sell its entire stakes in six joint venture companies to Kirloskar Systems for 2.5 billion rupees.

The firms include Toyota Kirloskar Motor Pvt Ltd, Toyota Kirloskar Auto Parts Pvt Ltd, TG Kirloskar Automotive Pvt Ltd and Toyota Tsusho India Pvt Ltd.

(Reporting by Nishant Kumar; editing by Sunil Nair)

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