Gainwell Group Acquires Iconic Infra Equipment Manufacturer TIL Limited
Gainwell Group, through its group entity- Indocrest Defence Solutions Private Limited (IDSPL), today acquired a dominant stake in TIL (formerly Tractors India) Limited (NSE: TIL), one of India’s leading infra equipment manufacturer. Gainwell Group, a Make-in-India conglomerate with significant presence in the mining, construction, energy, defence, railways and heavy equipment sectors, is expected to accelerate TIL’s growth further and bolster its…