T.R. Khandelwal Enterprises Private Limited agreed to acquire the remaining 50% stake in Hioki India Private Limited from Hioki E.E. Corporation (TSE:6866) for INR 23.1 million on March 18, 2016. T.R. Khandelwal Enterprises Private Limited will acquire 1 million shares of Hioki India Private Limited. HIOKI India Private Limited reported total assets of ¥122.44 million (INR 67.26 million), net assets of ¥101.35 million (INR 55.68 million), sales of ¥139.51 million (INR 76.64 million), operating profit of ¥10.74 million (INR 5.9 million) and net income of ¥29.56 million (INR 16.24 million) for the period ended December 2015. The transaction is expected to complete on March 31, 2016. The conversions were made using www.oanda.com on December 31, 2015. T.R. Khandelwal Enterprises Private Limited cancelled the acquisition of the remaining 50% stake in Hioki India Private Limited from Hioki E.E. Corporation (TSE:6866) on March 18, 2017.