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Brief
"On "27/05/2025", the "Competition Commission of India" issued an update regarding "CCI approves the combination inter alia envisaging the merger of Ring Plus Aqua and Maini Precision Products into JK Maini Precision Technologies Limited (JKMPTL); and demerger of aerospace business of JKMPTL into JK Maini Global Aerospace Limited". This decision follows a change in transaction structure post-Commission approval, with Ring Plus Aqua engaging in manufacturing ring gears, flex plates, and water pump bearings, and Maini Precision Products manufacturing precision products for various industries.
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