MoneyWorks4Me

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.


Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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