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Havells India rallies 8%; Board approves 100% stake sale in Havells Malta
The divestment upto 100% of the Company's stake in Havells Exim, Hongkong, a 100% subsidiary of the Company to Shanghai Feilo Acoustics Co. Ltd. (FEILO) or its Affiliates on such terms and conditions as contained in the proposed SPA signed interalia between the company.