Amtrex Hitachi To Be Renamed Hitachi Home

New Delhi, February 27: | Updated: Feb 28 2003, 05:30am hrs
Amtrex Hitachi Appliances Ltd (AHA) will be renamed Hitachi Home & Life Solutions India subject to statutory approvals.

On Thursday, the companys shareholders approved the change of its name at AHAs 18th annual general meeting (AGM) held in Ahmedabad. In January 2003, Hitachi had acquired the entire 19.4 per cent stake of its erstwhile co-promoter, the Lalbhai Group in the company, increasing its shareholding to 54.6 per cent and becoming a majority shareholder.