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Omax Autos to disinvest remaining 51% stake in GMAX Auto

27 Jul 2015 Evaluate

Omax Autos has received approval for disinvestment of remaining 51% stake in its subsidiary ‘GMAX Auto’. The board of directors at their meeting held on July 25, 2015 have approved for the same.

Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.


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