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Tata AutoComp buys equity in JBM Sungwoo

 
JBM Tools Ltd. has sold its entire investment in JM Sungwoo Ltd. an unlisted company, to Tata AutoComp Systems Ltd. for Rs. 16.2 crore. The company has sold 64.79 lakh equity shares of Rs.10 each to Tata AutoComp Systems, JBM Tools informed the Bombay Stock Exchange on Monday.