<ul><li>Remsons Industries acquires 51.01% stake in Astro Motors, a three-wheeler electric vehicle manufacturing company.</li><li>Astro Motors is engaged in developing and manufacturing electric vehicles for cargo, loaders, passengers, and micro mobility.</li><li>The acquisition cost remsons industries Rs. 14.22 crore, with the majority of the amount being paid in cash.</li><li>Astro Motors specializes in three-wheelers with gear technology, high payload capacities, and is expanding its reach across India.</li></ul>

Remsons Industries Acquires Astro Motors (EV 3-Wheeler Company)

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