Jyothy Labs Limited (BSE:532926) acquired Quiclo from Smartwash Solutions Private Limited for INR 7 million on September 19, 2024. A cash consideration of INR 7 million will be paid by Jyothy Labs Limited. As part of consideration, INR 7 million is paid towards common equity of Quiclo.

Jyothy Labs Limited (BSE:532926) completed the acquisition of Quiclo from Smartwash Solutions Private Limited on September 19, 2024.