However, the Mysore Kingdom refused to sell its stake in the company but yielded the management control over to the Indian Government and on 2 April 1942, within 2 years of establishment, it was nationalized.
However, the Mysore Kingdom refused to sell its stake in the company but yielded the management control over to the Indian Government and on 2 April 1942, it was nationalized. This was within 2 years of establishment.