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of <h1>Precision Manufacturing Merger Clears Regulatory Hurdle with Strategic Aerospace Business Demerger and Corporate Restructuring</h1> The Competition Commission of India approved a corporate restructuring involving the merger of two precision manufacturing companies into JK Maini Precision Technologies Limited and the demerger of its aerospace business into a separate entity. The transaction involves companies manufacturing ring gears, precision products, and aerospace components. The parties previously filed a notice with a modified transaction structure after initial approval.
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