Minda Corporation’s 100% subsidiary, Minda SAI has acquired 51% equity of Minda Stoneridge Instruments with effect from October 01, 2015. Pursuant to this acquisition, Minda Stoneridge Instruments has become the step-down subsidiary of the Company.
Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Electronic Controllers for Electric Vehicles and for Auto OEM's across the Globe. It also manufactures Die Casting Parts for auto and consumer durable industry.